The nation's total yuan funds outstanding for forex reached CNY29.07trillion by the end of January, up CNY437.4billion from a month earlier.
Singapore’s new ATM is one of the first of its kind worldwide, following a scant few already operating in Canada and the United States.
A CCTV commentator earlier called for shutting down Yue Bao, the online money-market funds vendor owned by Chinese e-commerce giant Alibaba, due to dangers to China's banking system and the overall economy.
Yuan payments increased by 30.6 percent while the growth for all payment currencies was 4.8 percent in January.
The People's Bank of China (PBoC) issued 14-day repos worth CNY60billion two days after a CNY100billion operation.
About 15 to 20 companies from China are expected to go public in the United States this year amid restored investor confidence in the nation's companies.
The renminbi dropped for the seventh consecutive day Wednesday to close at 6.1244 after hitting a new low since July 31st, triggering speculations over the central bank's guidance.
Economists say the central bank wants to lower expectations for further gains.
China's central bank has announced that ceiling on interest rates paid on some foreign currency deposits will be lifted in the Shanghai Free Trade Zone.
Chinese non-financial companies held total outstanding debt of about $12 trillion at the end of last year, equal to over 120 percent of GDP,according to Standard & Poor's estimates.
The People's Bank of China (PBoC) drained another $100billion out of the market by conducting 14-day repurchase agreements (repos) Tuesday after issuing 108billion worth of repos a week ago.
Data from the Commission showed that nearly 700 companies were awaiting a domestic listing ending February 20.
"Based on references and lessons drawn from the international experience, it is exercising effective supervision over shadow banks."
The USD/CNY central parity rate rose 43 basis points (bps) to 6.1146, the highest this year.
Chinese demand for gold bars, coins and jewelry soared by 32% to record levels in 2013, even as the price of gold slumped 28%
Editors’ Picks »
- 1China Central Bank Withdraws Liquidity for Second Time in a Week
- 2Highlights: Premier Li's Government Work Report
- 3Chinese Regulators Vow Support for Internet Finance Products
- 4Last 3 Suspects Caught in Kunming Manhunt
- 5Jingdong Seeks Cornerstone Investors Ahead of IPO
- 6Japan’s Fast Retailing Surges in HK Debut
- 7HSBC, China Official PMI Drop for Third Consecutive Month in Feb.
- 8Yuan Among Most-Used Currencies
- 9CNOOC Licensed to Seek Arctic Oil
- 10Geely Buys British E-Car Startup