Tuesday, January 19, 2021
Tags Local governments

Tag: Local governments

Local Governments Set to Keep Real Estate Controls Tight

The latest round of legislative conferences held by China's local governments indicates that real estate controls will continue to remain tight in cities around...

Local Governments Set to Accelerate State-owned Enterprise Reforms

China's local governments have signalled accelerated reform of state-owned assets and enterprises within their respective jurisdictions, as part of efforts to shore up economic...

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Chinese Central Bank Hails Eradication of P2P Lending, “Orderly Disposal” of High-risk Financial Institutions

The People's Bank of China (PBOC) has highlighted the removal of all of the country's P2P lending platforms in 2020 as part...

NDRC Flags Active Fiscal Policy, Increased Spending on New Infrastructure in 2021

China's chief planning authority has outlined a raft of its policy intentions for 2021, as the national economy continues to recover from...

China’s GDP Breaches 100 Trillion Yuan Threshold after Posting 2.3% Growth in 2020, Disposable Income up 4.7%

Official data points to growth of over 2% in Chinese GDP in 2020 despite the adverse economic impacts of the COVID-19 pandemic....

China Bans Banks from Selling Depository Products via Third Party Online Platforms

Beijing has issued a new directive which further steps up pressure on the sale of depository products via online fintech platforms, after...