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Finance&Economy»

SOE Reforms on Agenda at "Third Plenum", Official Says

2013-11-01

New measures will be taken to deepen reforms of China's giant state-owned companies at a key meeting which will run between November 9 and 12

Finance »

PBOC plans annual reserve ratio reviews
2014-06-26
Reviews will focus on whether a bank's lending to small and medium-sized enterprises and the agricultural sector has met requirements set by the central bank
China to reduce rural banks' reserve requirements
2014-06-11
PBOC said it would cut the RRR by 0.5 percentage points for certain agricultural banks, as well as for financial leasing companies and auto financing firms.
China hits bump on road to financial acceptance
2014-06-11
MSCI’s decision shows that while China’s barriers remain in place, international financial acceptance will not come easily
China to Cut Reserve Ratio for Some Rural Banks
2014-04-17
Chinese Premier Li Keqiang said reserve requirements would be relaxed for qualifying rural banks in a sign that more loosening policies are likely on the way.
China not Currency Manipulator: US Treasury
2014-04-16
"China's currency yuan, or renminbi (RMB) appreciated on a trade-weighted basis in 2013 but not as fast or by as much as is needed," the US Treasury said.
US Warns China over Currency Depreciation
2014-04-08
Washington has been pressing China for years to allow its currency to trade at stronger values.
Internet Finance Shaking up Chinese Banks
2014-04-03
"The pressure isn't severe. Chinese banks still enjoy a loan price advantage. We maintain a stable outlook on sector margins this year."
Wenzhou's Bad Loan Ratio Growing, but at Slower Pace
2014-04-02
Wenzhou local government has rolled out a series of initiatives aimed at exposing the previous underground lending system to "sunlight", which means putting it under a legal framework.

Economy »

Factory's energy efforts thrill German leader
2014-07-07
Visiting German Chancellor Angela Merkel toured an FAW-Volkswagen joint production plant in Chengdu, marking the prelude to a program of building electric charging stations for cars and infrastructure in China
Timetable set for new fiscal system: minister
2014-07-07
Major reform tasks concerning the fiscal and tax system will be completed by 2016, before a modern fiscal system will be built by 2020
China May FDI down 6.7%
2014-06-17
Investment from the European Union dropped 22.1 percent to $2.58 billion, with that from Association of South-East Asian Nations (ASEAN) countries falling 22.3 percent to $2.54 billion.
China introduces ratings on local govt bonds
2014-06-17
The ratings will come in nine levels, which are AAA, AA, A, BBB, BB, B, CCC, CC and C. The AAA rating indicates an extremely low default risk, with C suggesting inability to repay debts
'Targeted moves' will help secure yearly goal
2014-06-11
An optimal combination of policy tool will be used in macroeconoic control, and China will focus more on "targeted adjustment" — instead of big stimulus — to achieve the annual growth target of about 7.5 percent
China Enhances Export Tax Rebates to Boost Foreign Trade
2014-05-30
China first implemented an export tax rebate system in April, 1985 as a way to enhance the country’s competitiveness in foreign markets by eliminating double taxation on exported goods.
China's customs release pro-trade measures
2014-05-25
China's foreign trade slowed in the past few months. Exports dropped 2.3 percent in the first four months to $680 billion
China eases approval process for foreign investment
2014-05-25
From June 17 this year, China will adopt a system of "limited approval" and "general registration" instead of the existing "all-round approval" mechanism.

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