Thursday, October 29, 2020
Tags Ministry of Finance

Tag: Ministry of Finance

Foreign Invested Enterprises Will Have Access to Full Financial Operating Licenses after Three Years: MOF

The Ministry of Finance has indicated that foreign-invested enterprises will be given greater latitude to  conduct business in China's financial sector in the near...

Increase the Market-based Pricing of Local Government Bonds: Ministry of Finance

China's Ministry of Finance is launching measures to raise the role of the market in the pricing of local government bonds. On 8 May MOF...

Issuance of Local Government Debt Quotas Set to Accelerate: MOF

China's Ministry of Finance has indicated that it will accelerate the process of issuing debt quotas to the country's local governments. The "Notice Concerning Strengthening...

MOFCOM Delves into Government Debt with New Accounting Standards

China's Ministry of Finance (MOFCOM) is preparing new set of accounting standards in a bid to get to the bottom of debt borne by...

Ministry of Finance on “High Alert” Over Hidden Local Government Debt

The vice-head of China's Ministry of Finance has warned of the need for regulators to be on "high alert" over the hidden debt of...

Fiscal Revenue Growth Eases to 7.2% in August

Growth in China's fiscal revenues fell significantly in August due to sizeable year-on-year declines in non-tax revenues compared to the same period in 2016. Figure...

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Lending to Private Enterprise Increases 5.4 Trillion Yuan During Jan – Sep Period: CBIRC

The latest data from the China Banking and Insurance Regulatory Commission (CBIRC) points to a sizeable increase in lending to private enterprises...

China’s Digital Trade Surplus Rises 46.1%

A new report points to a surge in China's digital trade surplus in 2019, as Beijing steps up efforts to drive the...

Xiamen Bank Shares Rise over 40% on First Day of Trading in Shanghai, 17 Other Lenders Await A-share IPO’s

Fujian province lender Xiamen Bank has seen shares surge over 40% on its first day of trading, boding well for over a...

Shanghai Launches Insurance Blockchain Innovation Centre

Shanghai has just seen the establishment of a new insurtech research institute that focuses on blockchain applications.