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Tag: financial

China, France pledge to advance economic, financial cooperation

wangxiao03/11/20240

BEIJING, March 8 (Xinhua) — Chinese Vice Premier He Lifeng on Friday held online talks with French Minister of Economy, Finance and Industrial and Digital Sovereignty Bruno Le Maire, following an inv

New productive forces reshape China\’s economic landscape

wangxiao03/08/20240

BEIJING, Feb. 6 (Xinhua) — State-of-the-art intelligent connected vehicles, bleeding-edge quantum computers and futuristic industrial robots — these are some examples of where China aspires to seek

Interview: China\’s \”Two Sessions\” followed closely for world influence, says Egyptian expert

wangxiao03/06/20240

CAIRO, March 5 (Xinhua) — China\’s \”Two Sessions,\” the annual meetings of the top legislature and top political advisory body, draw close attention worldwide for its growing global influence, said an

China to defuse risks in real estate, local gov\’t debt, small and medium-sized financial institutions

wangxiao03/05/20240

BEIJING, March 5 (Xinhua) — China will address both the symptoms and root causes to defuse risks in real estate, local government debt, and small and medium-sized financial institutions to safeguard

GBA integration a focus of attention at CPPCC

wangxiao03/04/20240

Alongside various policies promoting cross-border connections and the one-hour life circle taking shape, the integration of the Guangdong-Hong Kong-Macao Greater Bay Area has grown with leaps and boun

Shanghai\’s Lujiazui adds 5 global asset management institutions

wangxiao03/02/20240

SHANGHAI, March 1 (Xinhua) — Five global asset management institutions, including Aspect Capital and Schroders Capital, have signed agreements to settle in Shanghai\’s Lujiazui Financial City, said lo

Hong Kong to adopt fiscal consolidation strategy in new budget

wangxiao02/28/20240

HONG KONG, Feb. 28 (Xinhua) — The Hong Kong Special Administrative Region (HKSAR) will take a fiscal consolidation strategy in the new financial year, said Paul Chan, financial secretary of the HKSAR

Finance chief expects Hong Kong economy to grow 2.5 to 3.5 pct in 2024

wangxiao02/28/20240

HONG KONG, Feb. 28 (Xinhua) — The Hong Kong economy will expand further this year, with growth of 2.5 to 3.5 percent in real terms for the year as a whole, Financial Secretary of China\’s Hong Kong Sp

HKSAR gov\’t to issue 15.34 bln USD worth of bond

wangxiao02/28/20240

HONG KONG, Feb. 28 (Xinhua) — The Hong Kong Special Administrative Region (HKSAR) government will issue 120 billion HK dollars (about 15.34 billion U.S. dollars) worth of bond in 2024-25, Financial S

Chinese commercial banks see profits up 3.2 pct in 2023

wangxiao02/22/20240

BEIJING, Feb. 21 (Xinhua) — China\’s commercial banks reported a profit growth of 3.2 percent in 2023, data from the banking regulator showed on Wednesday.
Net profits of commercial lenders hit 2.4 tr

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