BEIJING, March 20 (Xinhua) — Assets of financial institutions in China rose to 461.09 trillion yuan (about 64.97 trillion U.S. dollars) as of the end of 2023, up 9.9 percent year on year, according t
Tag: Banking
Regulators assure cheaper finance
Reporters take photos at a news conference on the economy during the second session of the 14th National People\’s Congress in Beijing on Wednesday. [FENG YONGBIN/CHINA DAILY]
China\’s policymakers will
China\’s bank wealth management market expands in 2023
BEIJING, Feb. 2 (Xinhua) — China\’s bank wealth management market expanded and saw more investors in 2023, industry data showed.
By the end of last year, the number of investors holding wealth managem
China ramps up financial support for technology companies
BEIJING, Jan. 12 (Xinhua) — The National Financial Regulatory Administration issued a circular on Friday, requiring greater efforts to improve financial services for tech companies.
The circular enco
Global economy faces rough weather ahead
Rising prices trigger protests as Fed\’s interest rate hikes cause spillover effects worldwide
US actors Bryan Cranston and Aaron Paul met again in August. This time not for the reunion of the Breaking
China\’s banking institution risks generally under control: central bank
BEIJING, Dec. 22 (Xinhua) — Banking institutions in China have maintained sound operations with risks generally under control in the second quarter of this year, according to a central bank report re
Chinese envoy urges countries to help Afghanistan tackle humanitarian crisis
A doctor checks up a malnourished child in Kunduz Province, Afghanistan, Oct. 3, 2023.(Photo by Ahmadi/Xinhua)
UNITED NATIONS, Dec. 20 (Xinhua) — A Chinese envoy on Wednesday urged the international
China Awards honor Italian, Chinese firms for boosting bilateral exchange
ROME, Dec. 13 (Xinhua) — Over 30 Italian and Chinese companies and personalities were granted the China Awards in Milan on Wednesday for their contributions to exchanges between the two countries.
He
China\’s central bank injects liquidity into market
BEIJING, Dec. 1 (Xinhua) — China\’s central bank pumped cash into the money market in November to meet the liquidity demand from financial institutions.
A total of 1.45 trillion yuan (about 203.9 bill
BOC to bolster BRI, boost trade
Bank of China will increase efforts to strengthen the Belt and Road Initiative and thus facilitate China\’s high-standard opening-up, its executives said on Wednesday.
The bank, they said, has branches