The People’s Bank of China (PBOC) and the China Banking and Insurance Regulatory Commission (CBIRC) hereby issue the following notice.

The issuance was well-received by overseas investors, with the total bid amount approaching RMB55 billion, about 2.2 times the issued amount.

Six Chinese departments including the People's Bank of China (PBC), the country's central bank, have released an announcement that they are encouraging financial institutions in the banking sector to defer debt and interest payments for loans due in the fourth quarter for small and micro enterprises, the PBC said on Monday.

According to PBC statistics, as of end-Q3 2022, outstanding RMB loans issued by financial institutions increased 11.2 percent year on year to RMB210.76 trillion. This represented a rise of RMB18.08 trillion in the first three quarters of 2022, increasing by RMB1.36 trillion year on year.

September 2022

The world's major central banks and monetary authorities have kicked off studies into CBDC (Central Bank Digital Currencies) in recent years. Monetary authority of Singapore and Swedish central bank have undertaken or contemplated related pilot projects, and the People's Bank of China (PBC) is also actively exploring the possibility of introducing its CBDC in this second largest economy in the world. This article puts forward some thoughts on issuing CBDC in China.

The People's Bank of China (PBC), the country's central bank, on Monday revealed an extension of its local currency swap agreement with the European Central Bank (ECB) for another three years, in a fresh sign of closer ties between the two major currencies amid mounting pressure from a strong US dollar.

The PBC and the SAFE decide to lower the macro-prudential adjustment parameter for cross-border financing of companies to 1 from 1.25.

The PBC plans a re-lending facility equivalent to 100 billion yuan ($15 billion) for the logistics and warehousing sectors

China's central bank on Mar.30 unveiled measures to bankroll the push for rural revitalization and underpin macroeconomic stabilization efforts, calling on financial institutions to strengthen credit guarantees for food security, and ramp up funding for major farm products including soybeans and oilseeds.