Thursday, January 21, 2021
Tags Yangtze River Delta

Tag: Yangtze River Delta

Yangtze River Delta’s GDP Reached USD$3.35 Trillion in 2019, Accounts for Nearly Quarter of National Total

The latest official data from the Chinese central bank indicates that the Yangtze River Delta region accounts for over one fifth of...

PBOC’s Shanghai Office Issues New Directive on Financial Development in Yangtze River Delta

The People's Bank of China (PBOC) has issued a new directive via its Shanghai office for spurring the development of the financial...

Demand for Rental Housing in Yangtze River Delta Rises 41.9% in First Half of 2019

The Yangtze River Delta region around Shanghai has seen a surge in demand for rental housing in the first half of 2019.  The "2019 Yangtze...

Rural Commercial Banks of the Yangtze River Delta Issue Cooperative Declaration

A group of rural commercial banks situated in the Yangtze River Delta region have unveiled plans to increased interbank cooperation.

Yangtze River Delta Tops Global Fintech List Ahead of Silicon Valley

A new report ranks the Yangtze River Delta as the world's leading fintech industry hub ahead of Silicon Valley, Greater Beijing and London. The Global...

Yangtze River Delta at Core of Cash Compensations for Shantytown Overhauls, Housing Prices Driven Higher

The recent decision of the China Development Bank (CDB) to curb funding for shantytown overhaul projects has turned the spotlight on regional policies for...

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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.