Friday, October 30, 2020
Tags Coronavirus

Tag: Coronavirus

China’s Banking Sector Provides over 2 Trillion Yuan in Lending Support to Fight against COVID-19

Chinese banks have provided over 2 trillion yuan (approx. USD$282.97 billion) in lending support to efforts to contain the impacts of the...

Anti-coronavirus Lending from Chinese Banks Exceeded 1.07 Trillion Yuan at End of February

Lending from Chinese banks to support efforts to contain the novel coronavirus outbreak breached one trillion yuan at the end of February....

Alipay Says 39% of Small Vendors Have Seen Trading Levels Return to Normal since Coronavirus Outbreak

Chinese payments giant Alipay estimates that over a third of small vendors that have resumed trading since the outbreak of the coronavirus...

China’s Financial Authorities Arrange for over 100B Yuan in Anti-coronavirus Funds

China's financial authorities at all levels have made arrangements for the allocation of over 100 billion yuan for efforts to combat the...

Sinopharm Working on Coronavirus Vaccine, Officials Say Product Could Hit Market in Several Months

Chinese pharmaceutical giant Sinopharm Group Co., Ltd. says it's working on the development of a vaccine for the novel coronavirus, with domestic...

Beijing Unveils Measures to Boost Financial Support During Fight against Novel Coronavirus

The Chinese central government's top financial authorities have jointly released a raft of measures to boost financial support during efforts to combat...

China Development Bank Allocates 2 Billion Yuan in Emergency Loans to Wuhan for Combating Coronavirus

One of China's three policy banks has made an emergency allocation of funds to support efforts to combat the spread of the...

China’s Securities Regulator Calls for Investors to “Rationally and Objectively” Assess Coronavirus Impacts

China's top securities regulator is taking measures to curb the impact of the coronavirus outbreak on the domestic stock market.

China’s Banking Regulator Commits to Maintenance of Financial Services During Coronavirus Outbreak

China's top banking regulator has committed to the effective maintenance of financial services during efforts by authorities to combat the spread of...

Most Read

Anhui Province Undertakes Trial Scheme for SME Emergency Loans to Enteprises Affected by COVID-19 and Flooding

The inland Chinese province of Anhui has announced the start of a trial scheme for the provision of emergency loans to local...

ByteDance Establishes Artificial Intelligence Subsidiary in Fujian Province

ByteDance, the company behind social media giant TikTok, has just established a tech subsidiary in Fujian province whose business scope includes artificial...

Alibaba Unveils Plan for Greater Digitisation of Cross-border Trade

Chinese e-commerce giant Alibaba has unveiled an ambitious new plans to support the use of e-commerce by small businesses.

Lending to Private Enterprise Increases 5.4 Trillion Yuan During Jan – Sep Period: CBIRC

The latest data from the China Banking and Insurance Regulatory Commission (CBIRC) points to a sizeable increase in lending to private enterprises...