Saturday, January 16, 2021
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Capital Market Reforms Needed to Drive Growth of China’s New Tech Sectors: KPMG

Experts say that problems with China's capital markets are impeding the prospects of the country's emerging tech sectors. Li Zhixian (黎志贤), partner at KPMG China's...

China Ploughs Over $1bn into Artificial Intelligence and Strategic Tech Sectors

The "Made in China 2025" plan has seen more than USD$1 billion invested in artificial intelligence and strategic tech sectors since its launch in...

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China’s Biggest Bank Opens up to Applications for Digital Renminbi Wallets in Shenzhen

The Industrial and Commercial Bank of China (ICBC) is making digital renminbi wallets available to consumers in the southern tech hub of...

Chinese Central Bank Outlines Efforts to Improve Execution of Monetary Policy

A senior official from the People's Bank of China (PBOC) has published a paper on its official website outlining current plans to...

Foreign Investors Raise Holdings on China’s Interbank Bond Market by over 1 Trillion Yuan in 2020

The latest data from the Chinese central bank points to a sharp rise in investment by foreign institutional investors on China's interbank...

Shenzhen Finance Sector Sees Total Deposits Exceed 10 Trillion Yuan

Financial institutions based in Shenzhen have just seen their deposit levels rise to record-breaking levels.