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Tag: transactions

Wondrous Xinjiang: Xinjiang\’s mobile bazaar blooms ahead

wangxiao04/20/20240

URUMQI, April 19 (Xinhua) — Amid joyful music, vendors enthusiastically peddled goods like nuts, jam and utensils, with the scene resembling a typical marketplace except for the rhythmic chugging sou

China New Growth: China promotes large-scale equipment upgrades, trade-in of consumer goods to open up trillion-yuan market

wangxiao03/25/20240

BEIJING, March 24 (Xinhua) — China has pledged a fresh round of large-scale equipment upgrades and trade-in of consumer goods, as part of its efforts to boost domestic demand and support continuous e

Trade-ins, upgrades set to stimulate consumption

wangxiao03/15/20240

Program: Upgrades expected to improve efficiencyChina\’s latest efforts to push ahead large-scale equipment upgrades and consumer goods trade-ins will promote investment and boost consumption in a focu

China\’s ICBC branch in Myanmar joins cross-border interbank payment system

wangxiao03/03/20240

YANGON, Nov. 2 (Xinhua) — The Industrial and Commercial Bank of China (ICBC) Yangon Branch has joined the Cross-Border Interbank Payment System (CIPS) to further promote the use of RMB for cross-bord

China\’s securities regulator suspends new securities lending

wangxiao02/28/20240

BEIJING, Feb. 6 (Xinhua) — China\’s securities regulator has suspended new securities lending and strengthened supervision of the business.
As the securities lending balance has reached its upper limi

China to ramp up patent industrialization

wangxiao12/27/20230

BEIJING, Oct. 26 (Xinhua) — China will promote the industrialization of patents to facilitate the country\’s high-level self-reliance on science and technologies, according to a press briefing in Beij

Unified national market to get boost

wangxiao12/27/20230

Expert calls for dismantling barriers that hinder free flow of various factors
The State Council, China\’s Cabinet, has adopted a raft of policy measures to accelerate the building of a unified nationa

Central banks of Serbia, China sign MoU to facilitate yuan transactions

wangxiao12/27/20230

BELGRADE, Dec. 12 (Xinhua) — The National Bank of Serbia (NBS) and the People\’s Bank of China (PBoC) inked a Memorandum of Understanding (MoU) recently on establishing a clearing arrangement and desi

Hong Kong\’s financial system sound with no capital outflow: HKMA chief executive

wangxiao12/27/20230

HONG KONG, Nov. 17 (Xinhua) — Hong Kong Monetary Authority (HKMA) Chief Executive Eddie Yue said on Friday that despite volatility in global financial markets, Hong Kong\’s financial system remains so

Japan sees nationwide disruption in credit card payments

wangxiao12/27/20230

TOKYO, Nov. 11 (Xinhua) — Troubles with credit card payments at supermarkets, convenience stores, and transportation hubs were reported across Japan on Saturday.
Customers across the country have exp

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