Friday, January 22, 2021
Tags Welfare

Tag: Welfare

Beijing Wants to Create “World’s Biggest Social Security Safety Net”

Key organs of China's central government said they will take measures to significantly strengthen the country's welfare and social security system over the next...

Chinese Pension Data Shows Expenditures Rising Faster Than Revenues

China's Ministry of Housing Resources and Social Services has just released its latest set of data on pensions and other forms of social welfare. According...

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Users of Everbright’s Cloud-Driven Utilities Payment Platform Exceeded Half a Billion in 2020

China Everbright Bank has seen users of its cloud-based utilities payments service surge in 2020, as the COVID-19 pandemic drove sharp gains...

China Unlikely to See Real Estate Loan Rates Decline in 2021 as LPR Holds Steady for Ninth Month Straight

Domestic analysts say that Chinese banks are unlikely to significantly reduce rates for real estate loans in 2021, as regulators continue to...

Chinese Central Bank Unveils Anti-Trust Measures Permitting Break up of Third-Party Payments Platforms

The People's Bank of China (PBOC) will have the power to recommend the dismantling of third party payments platforms under new measures...

Pinduoduo Owner Applies for Payments Trademark

A major shareholder in NASDAQ-listed agricommerce platform Pinduoduo has applied with Chinese authorities to register a Pinduoduo-related payments trademark.