New China fund to guide trade in services2018-01-09
China last week launched its first national fund to guide efforts to boost the service trade, based on innovation and sustainable development, and to push economic transformation, the Ministry of Commerce announced on Monday.
China creates 30-bln-yuan fund to spur service trade2018-01-06
China has launched an investment fund of 30 billion yuan(about 4.6 billion U.S.dollars)to guide the development of the service trade industry.
Tencent earns third-party fund sales license2018-01-04
Chinese tech giant Tencent made a further foray into Internet finance by earning the qualification for third-party fund sales.
China's money market fund assets hit record high2017-12-26
Assets managed by China's money market funds have hit a record high as savers' demand for higher returns on investment remains strong, latest data showed.
China provides 7.3 mln USD from LMC Special Fund to Cambodia2017-12-22
China provided 7.3 million U.S. dollars from the Lancang-Mekong Cooperation (LMC) Special Fund to Cambodia on Thursday for carrying out a variety of projects in the kingdom.
China's yuan funds for foreign exchange rises for 3rd straight month in November2017-12-15
The central bank's yuan funds outstanding for foreign exchange increased for the third month in a row in November, a sign of eased capital flight pressure.
CIRC may revise rules for fund2017-12-13
China's top insurance regulator is considering revising the rules for the country's insurance security fund, which will allow the fund to provide necessary liquidity support to insurers in case of crisis.
China QFII quota rises to 96.79 bln USD2017-12-01
China's dollar-denominated Qualified Foreign Institutional Investors (QFII) program saw its total quota rise to 96.79 billion U.S. dollars as of Nov. 29, the forex regulator said Thursday.
China's social insurance fund sees surplus in 20162017-11-29
China's social insurance fund had a surplus of 650.8 billion yuan (about 99 billion U.S. dollars) in 2016, the Ministry of Finance said in a final accounts report Tuesday.
Share swap program to get oversight2017-11-28
China's finance ministry will coordinate with other government departments to introduce a policy regime which supervises and evaluates the pilot program that will transfer shares of State-owned enterprises and financial institutions to the country's social security fund.
China Focus: China to transfer state assets to social security funds2017-11-20
China will transfer some state assets, including shares of state-owned companies (SOE) and financial institutions, to the country's social security funds as an aging society puts pressure on pension payments, an official document showed Saturday.
Pension fund to get State assets boost2017-11-20
Pilot program to begin in several provinces and expand in 2018 China will transfer a chunk of State financial assets to its social security funds, a program experts believe will ease the pressure of pension payments as the aging population continues to grow.
Silk Road Fund, General Electric set up energy infrastructure investment platform2017-11-14
The State Administration of Foreign Exchange (SAFE) said Thursday that the Silk Road Fund and General Electric (GE) had established a joint energy infrastructure investment platform.
Investment fund buys stake in Eurasia2017-11-02
A consortium of investors led by the Russia-China Investment Fund and the China-Eurasian Economic Cooperation Fund will acquire a 16.1 percent stake in Russian oilfield services firm Eurasia Drilling Company in a sign of deepening cooperation between the two countries.
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