Financial support urged to attain carbon targets2021-04-21
China's central bank chief vowed on Tuesday to mobilize financial support from all parties to realize the goal of the nation achieving carbon neutrality by 2060, and called for promoting a deepened opening-up of the domestic green financial market to foreign investors.

Budget moves focus on risk prevention2021-04-14
Policymakers have decided to optimize budget management and tighten debt financing regulations to prevent risks and improve fiscal sustainability, the Ministry of Finance said in a document published on its website on Tuesday.

Digital yuan trial heralds inclusive tech future2021-04-13
Digital yuan trial heralds inclusive tech future

China's financial authorities conduct talks with Ant Group again2021-04-13
The People's Bank of China (PBOC), the China Banking and Insurance Regulatory Commission, the China Securities Regulatory Commission, and the State Administration of Foreign Exchange again carried out joint regulatory talks with Ant Group on Monday.

Ant Group to face stricter supervision2021-04-13
Chinese authorities plan to turn Ant Group into a financial holding company whose financial activities are put under stricter regulatory supervision in a move related to a monthlong antitrust probe.

China explores digital yuan for cross-border transactions2021-04-02
China is exploring ways to use its digital yuan for cross-border transactions to meet market demand, the central bank said on Thursday.

New steps to secure cross-border data flows2021-03-25
Monetary authorities have recently come out with measures, including a joint venture, to secure cross-border financial information transfer and payments, to prevent unexpected interruptions and improve data security, experts said.

Pakistan's largest multinational bank opens branch in Beijing2021-03-24
The Habib Bank Ltd (HBL), the largest multinational bank in Pakistan, opened its branch in Beijing on March 5 and held an opening ceremony on Monday, which aims to better serve Chinese clients participating in the construction of the China-Pakistan Economic Corridor and the Belt and Road Initiative, according to the bank's executives.

Digital economy to account for 10% of fresh output in nation by 20252021-03-17
Digital economy will become a key ingredient of national strategy during the 14th Five-Year Plan period (2021-25), researchers and entrepreneurs in the technology sector said.

China's insurance sector maintains steady operation2021-03-15
China's insurance sector maintained steady operation last year, with the solvency adequacy ratio remaining in an appropriate range, said the country's banking and insurance regulator.

Interest rates likely to be stable this year2021-03-12
China's monetary authority may not cut policy rates this year, although monetary easing is going on in other major economies to contain coronavirus risks, according to a policy adviser and a former member of the central bank's monetary policy committee.

Capital flows to get boost, official says2021-03-03
China will encourage cross-border capital flows at a more open level, while also being careful not to cause huge fluctuations in the domestic financial market, the country's top banking and insurance regulator said on Tuesday.

China makes "decisive achievements" in fending off financial risks: official2021-03-02
China has made "decisive achievements" in preventing and addressing financial risks in its banking and insurance sectors, the country's top banking and insurance regulator said on Tuesday.

Now, resolution plans for banks, insurers soon2021-03-02
China will launch standardized and unified requirements for large and medium-sized banking and insurance institutions to make resolution plans.