Wednesday, October 28, 2020
Tags Free trade zones

Tag: Free trade zones

State Council Further Opens China’s Free Trade Zones to Foreign Investment

China's State Council has loosened restrictions on foreign investment in free trade zones with respect to sectors including civil aviation, entertainment, finance, travel, education...

Beijing Commits to Loosening of Foreign Investment Restrictions

China's Ministry of Commerce (MOFCOM) plans on easing nationwide foreign investment restrictions by following the lead of the negative list system first trialled across...

ABC Seizes Early Mover Advantage in China’s Inland Free Trade Zones

The Agricultural Bank of China (ABC) is amongst the first of China's major banks to provide financial services in the country's new set of inland free...

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Fake Digital Renminbi Wallets Have Already Emerged on the Chinese Market: Chinese Central Bank

Chinese regulators are already contending with the appearance of fake wallets for the statutory digital currency which is currently undergoing trial operation...

Jack Ma’s Ant Group Valued at over $313 Billion by IPO Pricing

The pricing for Ant Group's upcoming IPO in Hong Kong and Shanghai puts the value of the fintech giant at 2.1 trillion...

Yangtze River Delta Digital Financial Data Centre Will Issue Digital Renminbi

A new fintech institution launched in the eastern Chinese economic hub of the Yangtze River Delta will play a key infrastructure role...

Digital Renminbi Could Evolve into Global Currency: Ex-Bank of China Chief

Li Lihui (李礼辉), the former head of the Bank of China, believes that the development of the digital renminbi could pave the...