Monday, November 30, 2020
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Tag: Manufacturing

China’s New Manufacturing Strategy Seeks to Boost Role of Private Investment

The latest national manufacturing strategy unveiled by China's central government seeks to expand the role of private investment in the sector. The Ministry of Industry...

China’s Official Manufacturing PMI Beats Expectations in August

China's official manufacturing purchasing manager's index has posted a sharp increase for the month of August, contrary to consensus expectations. The manufacturing PMI jointly produced...

Chinese Manufacturing Retains Competitive Edge By Replacing Workers with Robots

A new survey shows that China's manufacturing sector is retaining its competitiveness against other emerging economy rivals despite rising labour costs. The latest China Employer-Employee...

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Chinese Central Bank Won’t Engage in Monetary “Irrigation” Or Leave Market Short of Cash: PBOC Q3 Monetary Execution Report

The People's Bank of China (PBOC) has flagged the maintenance of moderate monetary policy settings following the Chinese economy's gradual recovery from...

Bank of Communications Fintech Subsidiary Officially Opens for Business in Shanghai’s Nanhui New District

Big state-owned lender Bank of Communications (BOCOM) has joined the ranks of Chinese financial institutions that have established their own fintech vehicles....

Zheshang Bank Plans to Invest 2B Yuan in Launch of Fully Invested Wealth Management Subsidiary

Regional lender China Zheshang Bank hopes to join the ranks of Chinese banks that operate their own wealth management subsidiaries.

Chinese Central Bank Commits to Financial Opening, Warns of Anti-Globalist Sentiment

A senior official from the Chinese central bank has warned of the international resurgence of anti-globalist sentiment, while stating that further opening...