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Tag: yuan

Figures reveal reasons why multinationals put down deep roots in China

wangxiao02/22/20230

People\’s Daily Online recently made field visits to the facilities of several multinationals in east China\’s Shanghai, uncovering the remarkable performance figures that reflect the strong attraction

China\’s central bank continues to add liquidity via reverse repos

wangxiao02/22/20230

BEIJING, Feb. 22 (Xinhua) — China\’s central bank continued to inject funds into the financial system through open market operations on Wednesday.The People\’s Bank of China said on its website that it

Securities landscape set to be transformed

wangxiao02/21/20230

[SONG CHEN/CHINA DAILY]Spread of registration-based IPOs means changes on A-share main boardThe landscape for Chinese securities firms is set to be reshaped as a registration-based initial public offe

China pilots privately offered funds in property sector

wangxiao02/21/20230

BEIJING, Feb. 21 (Xinhua) — The China Securities Regulatory Commission, the country\’s top securities watchdog, has launched a pilot program for privately offered funds in the real estate industry to

Chinese interbank bonds held by overseas institutions stand at 3.28 trln yuan

wangxiao02/20/20230

SHANGHAI, Feb. 19 (Xinhua) — Bonds in China\’s interbank market held by overseas institutions stood at 3.28 trillion yuan (477.72 billion U.S. dollars) at the end of January, about 2.6 percent of the

Balance of loans up in China\’s Yangtze River Delta

wangxiao02/18/20230

SHANGHAI, Feb. 18 (Xinhua) — The balance of loans in the Yangtze River Delta region was 56.73 trillion yuan (8.37 trillion U.S. dollars) at the end of December 2022, up 13.2 percent year on year.The

China\’s privately offered funds expand in January

wangxiao02/18/20230

BEIJING, Feb. 18 (Xinhua) — The scale of China\’s privately offered funds stood at 20.23 trillion yuan (about 2.97 trillion U.S. dollars) at the end of January 2023, according to data from an industry

China\’s insurance sector sees total assets amounting to 27.1 trln yuan

wangxiao02/16/20230

BEIJING, Feb. 15 (Xinhua) — The total assets of China\’s insurance sector amounted to 27.1 trillion yuan (3.97 trillion U.S. dollars) at the end of 2022, official data showed Wednesday.This figure was

Chinese TMT IPOs surge in H2 of 2022: PwC

wangxiao02/16/20230

BEIJING, Feb. 15 (Xinhua) — Initial public offerings (IPOs) of Technology, Media and Telecommunications (TMT) companies on the Chinese mainland surged in the second half of 2022, according to data fr

China\’s Shaanxi posts record-high foreign trade in 2022

wangxiao02/15/20230

XI\’AN, Feb. 15 (Xinhua) — In 2022, the foreign trade of northwest China\’s Shaanxi Province increased 2 percent year on year to reach a record-high 483.53 billion yuan (about 70.92 billion U.S. dollar

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