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Tag: Bank

China Development Bank ups support for urban village renovation

wangxiao03/11/20240

This photo taken on Nov. 25, 2022 shows a view of the Bada community after renewal in Xixiu District of Anshun City, southwest China\’s Guizhou Province. (Xinhua/Li Jingya)
BEIJING, March 10 (Xinhua) –

There is ample room for China\’s monetary policy: central bank governor

wangxiao03/06/20240

BEIJING, March 6 (Xinhua) — China has a rich toolbox of monetary policy and there is still ample policy headroom, Pan Gongsheng, governor of the People\’s Bank of China, said Wednesday.
\”We will pay m

China\’s forex market transactions total 3.47 tln USD in January

wangxiao02/28/20240

File photo shows a worker counts the U.S. dollars at a bank in Tancheng County of Linyi City, east China\’s Shandong Province. (Xinhua/Zhang Chunlei)
BEIJING, Feb. 26 (Xinhua) — The Chinese foreign ex

Making payment easier for foreigners, seniors

wangxiao02/28/20240

At the State Council executive meeting on Feb 23, a guiding document on further optimizing payment services and improving convenience of payment was reviewed and approved. Focusing on the inconvenienc

Palestinian gov\’t submits resignation to President Abbas: PM

wangxiao02/27/20240

Palestinian Prime Minister Mohammad Shtayyeh attends the weekly cabinet meeting in the West Bank city of Ramallah, Feb. 26, 2024. In the weekly cabinet meeting held in Ramallah, Shtayyeh said Monday h

China remains world\’s largest engine for growth

wangxiao02/26/20240

Photo taken on Feb. 12, 2024 shows a busy scene of a container terminal of Qingdao port in east China\’s Shandong province. (People\’s Daily Online/Han Jiajun)
The International Monetary Fund (IMF) rece

China\’s rural policy bank to increase financial support for rural revitalization

wangxiao02/26/20240

This aerial photo taken on June 12, 2023 shows a view of Changlong Village in Cixi City, east China\’s Zhejiang Province. (Xinhua/Xu Yu)
BEIJING, Feb. 25 (Xinhua) — The Agricultural Development Bank o

Value of China\’s privately offered funds hits 20.33 trln yuan by end-January

wangxiao02/26/20240

Photo taken on Oct. 19, 2020 shows an exterior view of the People\’s Bank of China in Beijing, capital of China. (Xinhua/Peng Ziyang)
BEIJING, Feb. 25 (Xinhua) — The value of China\’s privately offered

Huaxia Bank reports 5.3 pct growth in 2023 net profits

wangxiao02/23/20240

BEIJING, Feb. 22 (Xinhua) — Mid-size Chinese lender Huaxia Bank reported steady growth in net profits last year.
The bank raked in 26.36 billion yuan (3.71 billion U.S. dollars) in net profits, up 5.

China\’s inclusive finance sector maintains rapid loan growth

wangxiao02/16/20240

BEIJING, Feb. 16 (Xinhua) — China\’s inclusive finance sector maintained rapid loan expansion in 2023 as the country stepped up credit support for the real economy, a central bank report showed.
China

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