Tuesday, October 27, 2020
Tags Chinese state-owned enterprise reforms

Tag: Chinese state-owned enterprise reforms

State Media Outlines Eight Key Missions for State-owned Enterprise Reforms in 2020

The state-operated Economic Information Daily has highlighted eight key missions in 2020 for China's ongoing reform of its state-owned enterprise (SOE) sector....

China Launches 60 Billion Yuan”Double Hundred Fund” to Drive SOE Reform Program

The Chinese central government hopes to accelerate reform of its state-owned enterprise sector with the launch of a new "Double hundred Campaign"...

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Industrial IoT Financing the Next “Blue Ocean” for Chinese Fintech: Huang Qifan

The former mayor of Chongqing municipality Huang Qifan (黄奇帆) expects Industrial Internet of Things (IIoT) financing to be the next major area...

Legal Changes Expand Power of Chinese Central Bank, Confer Official Recognition to Digital Renminbi

Proposed amendments to the law governing the Chinese central bank are expected to confer it with greater sway and authority within China's...

Jack Ma Calls for Replacing “Pawnshop Mentality” of Traditional Banks with Big Data-based Credit System

Alibaba-founder Jack Ma has decried the collateral focus of traditional banks in the Chinese financial system, calling instead for the use of...

Digital Lender XWBank Sees Q3 Profits Rise 32%

Sichuan-based direct lender XWBank has seen a sharp on-quarter rise in its profits in the third quarter of 2020, as China makes...