Tuesday, October 27, 2020
Tags State Council

Tag: State Council

Beijing to Reduce Provision Coverage Ratio, Increase Prominence of Financial Inclusion During Bank Assessments

China's State Council has just launched two more measures to facilitate the flow of funds to Chinese small businesses, following the implementation...

State Council Flags RRR Cut Targeting Joint Stock Banks to Help Deal with Coronavirus Impacts

The State Council has flagged the use of targeted cuts to China's reserve requirement ratio (RRR) to help prime the Chinese economy...

State Council Reiterates Opposition to “Flood-style Irrigation” of Chinese Economy

The State Council has reiterated its commitment to ensuring that China's financial sector better services real economy, as well as the avoidance of any...

State Council Signals More Active Fiscal Policy

China's State Council has unveiled plans to step up fiscal policy amidst escalating trade tensions with the United States. An executive meeting of the State...

State Council to Conduct Inspection of Real Estate Transaction Registrations

The State Council will conduct inspections of China's real estate transaction registrations as part of efforts to improve information gathering on the country's nationwide...

Beijing Proposes Five Measures to Expand Financial Inclusion for Small Businesses

The State Council has outlined a raft of five measures for expanding the supply of financing to China's small and micro-enterprises. On 20 June China's...

State Council Wants China’s Economy to Be “Comprehensively Open”

A regular meeting of China's State Council convened by Premier Li Keqiang on 30 May has flagged greater opening of the economy to foreign...

China Eases Residency Restrictions for Small and Medium-sized Cities

The State Council has announced the dialling back of restrictions on residency in China's small and medium-sized cities as part of ongoing efforts to...

State Council Further Opens China’s Free Trade Zones to Foreign Investment

China's State Council has loosened restrictions on foreign investment in free trade zones with respect to sectors including civil aviation, entertainment, finance, travel, education...

State Council Researcher Sees Q4 GDP Growth Rebounding to 6.9%

A researcher from the Development Research Centre of China's State Council sees Q4 growth bouncing back to 6.9%. Zhang Liqun (张立群) said to cnstock.com that...

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Further Opening of Financial Sector Is Inevitable: Chinese Central Bank Chief

Yi Gang (易纲), the governor of the People's Bank of China (PBOC), has highlighted the external opening of the Chinese financial sector...

Zhou Xiaochuan Denies that Belt and Road Is Debt-trap Diplomacy

The former governor of the Chinese central bank has addressed accusations that China's much vaunted Belt and Road Initiative perpetrates a form...

Shenzhen the Stage for Further Chinese Depository Receipt Reforms as China Drives Capital Market Internationalisation

The southern tech hub of Shenzhen is set for further trials of Chinese Depository Receipts (CDR) as part of broader reforms to...

Chinese Central Bank Says No Competitive Relationship Between Digital Renminbi and Alipay or WeChat Pay

The head of the People's Bank of China's (PBOC) Digital Currency Research Institute has provided more details on the potential impact of...