Saturday, October 31, 2020
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Tag: MOFCOM

Expanding Imports is China’s Firm Long-term Policy: MOFCOM

China's Ministry of Commerce (MOFCOM) has flagged a commitment to the expansion of overseas imports. MOFCOM spokesperson Gao Feng (高峰) said at a routine press...

Xi and Trump Have Reached Important Understandings Over Trade Dispute: MOFCOM

China's Ministry of Commerce says that the Chinese government is maintaining close contact with US officials with respect to upcoming trade negotiations. At a MOFCOM...

MOF Cuts 84 Public-Private Partnerships from Demonstration Project List

The Chinese Ministry of Finance (MOF) has made the unprecedented move of removing public-private partnerships (PPP) from its list of demonstration projects. MOF has just...

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...

Rollover of 600bn Yuan in Special Treasury Bonds Won’t Impact Liquidity: PBOC

The People's Bank of China says that the rollover of 600 billion yuan in special treasury bonds will not have a material impact upon...

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Anhui Province Undertakes Trial Scheme for SME Emergency Loans to Enteprises Affected by COVID-19 and Flooding

The inland Chinese province of Anhui has announced the start of a trial scheme for the provision of emergency loans to local...

ByteDance Establishes Artificial Intelligence Subsidiary in Fujian Province

ByteDance, the company behind social media giant TikTok, has just established a tech subsidiary in Fujian province whose business scope includes artificial...

Alibaba Unveils Plan for Greater Digitisation of Cross-border Trade

Chinese e-commerce giant Alibaba has unveiled an ambitious new plans to support the use of e-commerce by small businesses.

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...