Financial Services
China's banking, insurance sectors maintain sound performance: regulator2018-06-19
China's top banking and insurance industry regulator said Tuesday that the two sectors have been performing on solid footing, with risks under control.
Credit quota for State lenders hiked2018-06-14
The government has given State-owned banks additional credit quotas for deployment to the nonfinancial sector by the end of this month, pumping more money to ease the funding crunch due to the relatively tight monetary environment, sources familiar with the matter said on Wednesday.
Solvency remains stable in China's insurance sector2018-06-12
The solvency ratio of China's insurance sector remained stable in the first quarter of the year, with risks generally under control, the China Banking and Insurance Regulatory Commission has said.
China's new yuan loans shrink, M2 growth unchanged2018-06-12
China's new yuan-denominated loans in May stood at 1.15 trillion yuan(about 179.7 billion U.S.dollars), down from 1.18 trillion yuan in April, the central bank data showed Tuesday.
Cities reward good personal credit with deposit-free services2018-06-10
Zhima Credit, launched by Alibaba, has teamed up with 12 Chinese cities to pilot a system that gives a wide range of deposit-free services to consumers with sound online payment records.
China to scrap limits on foreign holdings in banks, asset management companies2018-06-08
China plans to cancel rules that limit foreign investment in domestic banks and financial asset management companies in its latest effort to push forward financial opening up.
China's insurance premium income drops in January-April2018-06-04
China's insurance sector saw premium income drop 7.8 percent year on year to 1.7 trillion yuan (about 260 billion U.S. dollars) in the first four months of the year, according to official data.
Life insurance drags on premium income2018-06-02
Chinese insurance companies saw their premium income drop in the first four months of 2018 year-on-year, dragged down by the decline of the life insurance business due to stricter regulations, official data showed on Friday.
China's financial sector has much room for opening up: central bank governor2018-05-30
China's financial sector has plenty of room for further opening up compared to the requirements of the country's economic and financial development, Yi Gang, governor of the People's Bank of China, said Tuesday.
Room seen for finance sector reform2018-05-30
There is more room for further opening-up by China in the financial sector, with more efforts to focus on three areas-capital account convertibility, market-oriented exchange-rate reform and market access expansion for domestic and foreign investment.
China acts tough on insurance industry violations2018-05-29
Chinese regulators have taken a tough stance against violations in the insurance industry, meting out millions of dollars in fines in the first four months of 2018.
China curbs banks' liquidity risks with new rule2018-05-28
China released a newly revised rule on Friday to help lenders better guard against liquidity risks.
Chinese banks post robust growth in mobile payments2018-05-28
Chinese banks posted robust growth in mobile payments in the first quarter of this year, according to the People's Bank of China (PBOC).
Chinese banks' assets, liabilities continue to expand2018-05-28
China's banking institutions saw their assets and liabilities continue to expand in April compared with a year earlier, according to the China Banking and Insurance Regulatory Commission.
Most Popular
Chinese | BIG5 | Deutsch
Xinhuanet | | People's Daily Online | | CNTV | | Global Times | | China Youth International | Visit Beijing |
About | About the Economic Daily | Contact us
Copyright 2003-2015 China Economic Net. All right reserved