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Chinese transit
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Chinese transit
Economy
Investment in China’s Transportation Fixed Assets Rises 27% YoY in May
CBNEditor
-
June 24, 2020
0
China saw a rise of over 25% in investment in transportation-related fixed assets in the month of May.
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Economy
China’s Rail Passenger Volumes Surge 37.6% in May
CBNEditor
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June 8, 2020
0
China has just seen travel passenger volumes for its nation rail system surge in on-month terms following the dialling back of its...
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Finance
Chinese Central Bank Says Transit the Focus for Mobile Payments Expansion in 2019
CBNEditor
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March 4, 2019
0
A senior official from the People's Bank of China (PBOC) says that urban transit systems will be the focal area for the...
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Economy
China Host to 2.61M Clean Cars, Over 200M Compact Cars in 2018
CBNEditor
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January 14, 2019
0
China saw a sizeable increase in the number of clean energy and compact cars traversing its roads in 2018 according to the latest official...
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Economy
China Set to Host 30,000km of High-speed Rail by 2020
CBNEditor
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June 26, 2018
0
China's Ministry of Transport (MOT) says that the total length of the country's high-speed rail routes will reach 30,000 kilometres by the end of...
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Banking
China Railway’s Debt Load Exceeded 5 Trillion Yuan in First Quarter
CBNEditor
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May 2, 2018
0
The national railway operator has just released its 2017 annual report, revealing a sizeable increase in profits alongside an immense debt load. China Railway Corporation...
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Most Read
China Construction Bank VP Lu Jiajin Expected to Assume Chairmanship of Industrial Bank Following Two Year Vacancy
Banking
CBNEditor
-
April 19, 2021
0
The vice-president of one of China's big six state-owned banks is tipped to assume the role of chairman of a leading regional...
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Chinese Central Bank Researching New Cryptocurrency and Stablecoin Regulations
Banking
CBNEditor
-
April 19, 2021
0
The People's Bank of China (PBOC) says it is currently in the process of drafting new measures for the regulation of cryptocurrencies...
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China Launches Digital Renminbi Trials in 11 Cities, Stages Seven Digital Renminbi Lotteries in Year Following Start of Testing
Fintech
CBNEditor
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April 19, 2021
0
Pilot schemes for use of the Digital Renminbi have spread to at least ten cities around China a year following the commencement...
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Chinese Central Bank Commits to More Policy Support for Carbon Targets, Warns of Risk Arising from Transition Away from Fossil Fuels
Banking
CBNEditor
-
April 19, 2021
0
The People's Bank of China (PBOC) has reiterated its commitment to green finance initiatives as part of efforts to satisfy the country's...
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