Tuesday, April 20, 2021
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Tag: Industry

Large-scale Enterprise Profit Growth Eases for Jan-July Period As Deleveraging Continues

Profit growth of China's large-scale enterprises for the January-July period edged lower compared to the first six months of the year, while levels of...

Large-scale Industrial Enterprises See 22% YoY Growth in H1 Profits

The latest official data points to a sizeable increase in total profits realised by China's large-scale industrial enterprises, with state-owned enterprises leading growth. Figures from...

Industrial Enterprise Profits Lift Over 22% for January – May Period

The total profits of national-scale industrial enterprises in China for the January to May period has risen over 22% compared to the same period...

Industrial Profits Return to Robust Growth

Chinese industrial profits saw robust growth for the first four months of 2017, with enterprise productivity indices also posting improvements. The latest data released by China's...

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Guangfa Bank Seeks to Raise 40B Yuan via New Share Issue in Anticipation of Inclusion as Systemically Important Bank

Guangzhou-headquartered commercial lender China Guangfa Bank has unveiled plans for a new share issue to shore up its capital levels.

China Construction Bank VP Lu Jiajin Expected to Assume Chairmanship of Industrial Bank Following Two Year Vacancy

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...

Chinese Central Bank Researching New Cryptocurrency and Stablecoin Regulations

The People's Bank of China (PBOC) says it is currently in the process of drafting new measures for the regulation of cryptocurrencies...

China Launches Digital Renminbi Trials in 11 Cities, Stages Seven Digital Renminbi Lotteries in Year Following Start of Testing

Pilot schemes for use of the Digital Renminbi have spread to at least ten cities around China a year following the commencement...