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China's central bank remits 600 billion yuan to central budget

The funds will mainly be used to facilitate VAT credit refunds and increase the central government's transfer payments to local governments

time:
2022-04-19 22:53:03
views:
55775

China's central SOEs post steady revenue, profit growth in Q1

The net profits of central SOEs expanded by 13.7 percent from a year ago to 472.3 billion yuan (about 73.9 billion U.S. dollars) in the first quarter (Q1)

time:
2022-04-16 22:23:17
views:
51738

China's central bank adds liquidity via operations

The People's Bank of China injected 150 billion yuan ($23.48 billion) into the monetary market through one-year MLF with an interest rate of 2.85 percent.

time:
2022-04-16 22:19:38
views:
52216

RRR cut aims to support real economy

The central bank will lower the RRR for all financial institutions, excluding those already adopting an RRR of 5 percent, by 0.25 percentage point on April 25

time:
2022-04-16 22:17:09
views:
54647

China solicits opinions on draft financial stability law

China has unveiled a draft law on financial stability, which is open for public opinions starting from Apr.6, the central bank said.

time:
2022-04-07 23:40:35
views:
67250

China's non-cash payments post steady growth in 2021

The non-cash payments handled by Chinese banks maintained steady growth last year, with mobile payments sustaining growth momentum, according to a central bank report.

time:
2022-04-04 23:10:39
views:
57066

China's central bank stresses defusing financial risks in 2022

China will strengthen efforts to prevent and defuse financial risks to stabilize the financial market in 2022, according to the central bank.

time:
2022-04-03 23:16:21
views:
65996

China to pilot digital yuan in more cities

China's central bank announced Apr.2 that its digital yuan pilot program will be expanded to more domestic cities following its successful operation over the past years.

time:
2022-04-02 22:58:36
views:
47341

PBC unveils measures to address weak links in China’s rural financing

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.

time:
2022-03-31 23:05:48
views:
44854

Nations urged to stabilize finance sector amid risks

Emerging markets must step up efforts to maintain financial stability as global economic and financial risks are rising amid the tightening policies of major central banks, experts said on Mar.24.

time:
2022-03-24 23:19:56
views:
57184

PBOC issues 5b yuan of bills in Hong Kong SAR

The People's Bank of China (PBOC) issued 5 billion yuan (about $785.4 million) worth of central bank bills in the Hong Kong Special Administrative Region (SAR) on Mar.22.

time:
2022-03-23 22:59:31
views:
21229

Experts: Well-calibrated measures key to further enhance market stability

The central government's continued attention in the capital market will ensure the sector's stable operations and accelerate the introduction of more favorable policies, experts said on Mar.22.

time:
2022-03-23 22:57:35
views:
30932

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