BEIJING, May 22 (Xinhua) — A total of 5.03 million self-employed businesses were newly set up in China in the first quarter of 2023, up 14.3 percent year on year, China\’s top market regulator said Mo
Tag: regulator
Regulator stresses tighter insurance supervision
The National Administration of Financial Regulation is officially unveiled in Beijing on Thursday. [Photo by BAI JIKAI/FOR CHINA DAILY]
NAFR underlines healthy solvency adequacy ratio, prevention of r
Chinese banks log forex settlement deficit in Q1
BEIJING, April 21 (Xinhua) — China\’s banks saw a net forex settlement deficit of 15.3 billion U.S. dollars in the first quarter, the country\’s forex regulator said Friday.
Forex purchases by banks st
China to boost modernization of SOEs: state-asset regulator
BEIJING, March 21 (Xinhua) — China will strive to transform its state-owned enterprises (SOEs) into modern entities that meet the requirements of Chinese modernization, said an official with the coun
US sowed 20 years of misery
Renewed calls for justice over invasion of Iraq without UN consentEditor\’s note: On March 20, 2003, the United States launched a military invasion of Iraq, the second time it fought a war in that coun
China\’s foreign trade in goods registers surplus of 25.9 bln USD
BEIJING, March 15 (Xinhua) — China\’s foreign trade in goods registered a surplus of 25.9 billion U.S. dollars in February, on par with the same period last year, the country\’s forex regulator said We
China\’s insurance sector maintains adequate solvency
BEIJING, Feb. 26 (Xinhua) — China\’s insurance sector maintained steady operation and adequate solvency in the last quarter of 2022, the country\’s banking and insurance regulator said.The average comp
Over 24 mln individual pension accounts opened in China
BEIJING, Feb. 26 (Xinhua) — More than 24 million individual pension accounts have been opened since China announced the implementation of its private pension plan to supplement the country\’s old-age
Chinese banking sector assets up in 2022
BEIJING, Feb. 26 (Xinhua) — Chinese banking financial institutions saw a steady expansion in assets in 2022, data from the country\’s top banking and insurance regulator showed.Local and foreign curre
China\’s insurance sector maintains adequate solvency
BEIJING, Feb. 26 (Xinhua) — China\’s insurance sector maintained steady operation and adequate solvency in the last quarter of 2022, the country\’s banking and insurance regulator said.The average comp