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Tag: Bank

China to foster sound monetary, financial environment: central bank

wangxiao12/27/20230

BEIJING, Nov. 3 (Xinhua) — China\’s central bank on Friday said that it will further implement financial macro control and maintain its prudent monetary policy to foster a sound monetary and financial

Life looks up for villagers in Xinjiang

wangxiao12/27/20230

The waters in Xinjiang Uygur autonomous region provide habitats for the coexistence of humans, animals and other forms of wildlife. HAO ZHAO/XINHUA
Water better used, poverty eradicated, services impr

China\’s cross-border RMB use up 24 pct in January-September

wangxiao12/27/20230

BEIJING, Oct. 28 (Xinhua) — Cross-border renminbi (RMB) payments and receipts expanded 24 percent year on year to 38.9 trillion yuan (5.42 trillion U.S. dollars) in the first nine months, playing an

China policy bank steps up support for information infrastructure

wangxiao12/27/20230

BEIJING, Oct. 29 (Xinhua) — China Development Bank, one of the country\’s policy banks, extended over 13.1 billion yuan (about 1.82 billion U.S. dollars) of loans to the information infrastructure and

China\’s bond market issuances near 6.06 trln yuan in September

wangxiao12/27/20230

BEIJING, Oct. 27 (Xinhua) — Bond issuances in China totaled almost 6.06 trillion yuan (about 844 billion U.S. dollars) in September, according to data from the central bank.
Treasury bond issuances s

Bank of China launches cross-border payment system in Türkiye

wangxiao10/24/20230

ISTANBUL, Oct. 24 (Xinhua) — Bank of China (Türkiye) on Monday launched a cross-border interbank payment system (CIPS) to better serve customers.
The bank said in a statement that it would provide mo

Top procuratorate orders arrest of former chairman of Bank of China

wangxiao10/16/20230

BEIJING, Oct. 16 (Xinhua) — The Supreme People\’s Procuratorate (SPP) has ordered the arrest of Liu Liange, former chairman of the board of directors of the Bank of China, for suspected bribe-taking a

China\’s yuan loans grow by 19.75 trln yuan in Jan.-Sept.

wangxiao10/13/20230

BEIJING, Oct. 13 (Xinhua) — China\’s yuan-denominated loans rose by 19.75 trillion yuan (about 2.75 trillion U.S. dollars) in the first nine months of this year, central bank data showed Friday.
In Se

China\’s GDP expected to grow at around 4% in Q3

wangxiao10/12/20230

China\’s GDP is expected to grow 4.1 percent year-on-year in the third quarter of this year, Securities Daily reported on Thursday.
The Chinese economy has shown a trend of stabilization and recovery,

Roundup: RCEP gives extra boost to regional trade development — Cambodian senior official, experts

wangxiao10/11/20230

PHNOM PENH, Oct. 7 (Xinhua) — The Regional Comprehensive Economic Partnership (RCEP) agreement, which took effect last year, has given an extra boost to trade exchanges in the region, a Cambodian sen

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