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Tag: Regulatory

China\’s insurance institutions receive large number of claims from flood-hit areas

wangxiao08/08/20230

BEIJING, Aug. 8 (Xinhua) — China\’s insurance institutions have received a large number of claims from people affected by floods and geological disasters triggered by recent extreme rainfall in Hebei,

India\’s biased approach and anti-China policies undermine its business climate

wangxiao07/18/20230

India\’s bilateral trade with China reached a record $135.98 billion in 2022, up 8.4 percent from the previous year, according to figures released by the General Administration of Customs (GAC) in Beij

China unveils guideline on cybersecurity insurance development

wangxiao07/18/20230

BEIJING, July 17 (Xinhua) — China has released a guideline to boost the healthy development of the cybersecurity insurance sector.
The guideline was jointly released by the Ministry of Industry and I

China ramps up financial support for rural revitalization

wangxiao06/17/20230

BEIJING, June 16 (Xinhua) — Chinese authorities have called for better financial services to bolster rural revitalization and the national strength in agriculture.
Financial institutions should make

Capital market to play key role in driving growth

wangxiao06/14/20230

People walk past the new Shanghai Stock Exchange building in Shanghai on March 29. [WANG GANG/FOR CHINA DAILY]
Experts: Financial service providers should further stimulate firms\’ vitality
China\’s cap

China to further coordinate reform of investment, financing: official

wangxiao06/09/20230

SHANGHAI, June 8 (Xinhua) — China will continue to advance the reform of investment and financing in a coordinated manner to better serve the diverse financial needs of residents, the head of the cou

China establishes national financial regulatory administration

wangxiao05/18/20230

BEIJING, May 18 (Xinhua) — The National Administration of Financial Regulation (NAFR) was officially set up on Thursday as China\’s new financial regulator, marking an important step in the country\’s

China further regulates companies\’ accounting firm hiring

wangxiao05/05/20230

BEIJING, May 4 (Xinhua) — Chinese authorities required further regulation of state-owned enterprises and listed companies to hire accounting firms, according to the Ministry of Finance on Thursday.
T

China\’s insurance assets register stable growth in February

wangxiao04/03/20230

BEIJING, April 2 (Xinhua) — The total assets of China\’s insurance sector amounted to 27.91 trillion yuan (4.06 trillion U.S. dollars) at the end of February, official data has said.
The figure increa

400,000 gallons of radioactive water leaked from U.S. nuclear power plant

wangxiao03/20/20230

WASHINGTON, March 18 (Xinhua) — About 400,000 gallons of radioactive water has leaked from a nuclear power plant in Monticello, the midwestern U.S. state of Minnesota, regulators revealed recently.Th

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