Thursday, April 15, 2021
Tags Guangzhou

Tag: Guangzhou

Tencent Cloud Helps Guangzhou Rural Commercial Bank to Create Full Stack Financial Cloud Platform

The cloud subsidiary of tech giant Tencent has helped one of the leading regional banks in Guangdong province to develop its own...

Banks in Guangzhou, Shenzhen Reportedly Suspend New Mortgages as Regulators Tighten Restrictions on Property Loans

Banks operating in the Guangdong province capital of Guangzhou have reportedly suspended the provision of new mortgages following the imposition of caps...

Chongqing’s GDP Surpasses Guangzhou’s in First Half of 2020

The latest round of regional GDP data indicates that the economic output of the central Chinese mega-city of Chongqing surpassed that of...

China Merchants Bank Issues Guangzhou Area’s First Financial Sector Blockchain-based Electronic Invoice

China Merchants Bank (CMB) has just issued the first financial sector blockchain-based electronic fapiao (invoice) in the Guangzhou area.

Guangzhou Leads Ten Chinese Cities in Development of Blockchain Transaction Platform for Public Resources

The Guangdong-province capital of Guangzhou has led the development of a new blockchain-based platform for "public resource transactions" with group of major...

Shenzhen and Guangzhou Top List of China’s Fastest Growing Cities in 2018

The Cantonese mega-cities of Shenzhen and Guangzhou have topped the list of Chinese cities with the fastest growing populations in 2018.

Big State-owned Banks Raise Home Loan Rates Again in Guangzhou

State-run lenders in the Guangdong province capital of Guangzhou have once again raised interest rates for home loans, in a sign that the government...

Guangzhou’s Population Could Exceed 20 Million by 2040

The Guangdong province capital of Guangzhou could see its permanent population rise to more than 20 million in a little over two decades' time,...

Property Restrictions Mute Housing Sales During China’s Peak Season

The launch of heavy restrictions on urban property markets has resulted in plunging transaction across China's leading cities during the peak sales period of...

Guangzhou Tops List of China’s Provincial Capitals Ranked by First Half GDP

The release of new data on the GDP of China's provincial capitals for the first half of 2017 shows that Guangzhou remains the most...

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Chinese Central Bank Appoints 48 Year-old Deputy Mayor of Chongqing as New Deputy Governor

The People's Bank of China (PBOC) has just expanded its senior leadership cohort with the addition of a new deputy governor drawn...

Beijing Cracks Down on Local Finance Platforms, Demands “Peeling Away” of Government Funding Role, Bankruptcies for Insolvent Firms

The State Council of China has issued new regulations concerning the handling of local finance platforms in a bid to stymie their...

Chinese CPI Bounces Back into Positive Territory in March

China's consumer price index (CPI) resumed positive YoY growth in March, as the domestic economy continues to recover from the impacts of...

Renminbi Lending Increases USD$1.17 Trillion in First Quarter of 2021

Chinese banks extended over USD$1.1 trillion in new loans in the first quarter of 2021 according to the latest data from the...