Thursday, April 15, 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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Chinese Central Bank Appoints 48 Year-old Deputy Mayor of Chongqing as New Deputy Governor

The People's Bank of China (PBOC) has just expanded its senior leadership cohort with the addition of a new deputy governor drawn...

Beijing Cracks Down on Local Finance Platforms, Demands “Peeling Away” of Government Funding Role, Bankruptcies for Insolvent Firms

The State Council of China has issued new regulations concerning the handling of local finance platforms in a bid to stymie their...

Chinese CPI Bounces Back into Positive Territory in March

China's consumer price index (CPI) resumed positive YoY growth in March, as the domestic economy continues to recover from the impacts of...

Renminbi Lending Increases USD$1.17 Trillion in First Quarter of 2021

Chinese banks extended over USD$1.1 trillion in new loans in the first quarter of 2021 according to the latest data from the...