Zhejiang to deliver new style of banking2014-03-11
The nation's first privately sponsored banks in 18 years could be born in Zhejiang province, a sign of the government's increasing willingness to allow private capital to play a role in the State-dominated sector.
China legalizes private lending in Wenzhou2014-03-01
China will start testing the waters of legalized private lending on Saturday in the pilot city of Wenzhou, where a liquidity crunch in underground lending in 2011 caused a credit crisis.
Wenzhou loan rules won't satisfy credit craving2014-02-23
Beginning March 1, a new raft of regulations pertaining to private lending will be implemented in Wenzhou of Zhejiang Province, a move aimed at legalizing and standardizing grass-roots financing activity in the city.
Wenzhou to legalize private loans2014-02-18
A regulation on private lending in Wenzhou, an entrepreneurial hub in East China's Zhejiang Province, will be implemented starting March 1, a move to legalize underground lending.
Wenzhou breaks new ground on private lending2013-11-23
Wenzhou's financing management regulation, the first local legislation covering private lending, was voted through on Friday at the sixth meeting of the 12th Standing Committee of the Zhejiang provincial people's congress.
China's Wenzhou applies to trial private banks2013-10-24
Wenzhou, a manufacturing hub in east China's Zhejiang Province, has applied to the State Council to begin piloting private banks, the China Securities Journal reported on Thursday.
Wenzhou financial reform's 1st anniversary2013-03-29
Thursday marks the one-year anniversary for Wenzhou to be China's first pilot city of financial services reform approved by the State Council.In the past year.
Official says more reforms in pipeline2013-03-29
A year after the launch of landmark financial reform s in Wenzhou, Zhejiang province, the city's top financial official said that they will start to have a deep impact in the year ahead.
Timeline of Wenzhou financial reforms2013-03-28
Wenzhou submits a proposal to the Zhejiang provincial government about regulating private financing and building the city into a distribution center for private capital.
Wenzhou financing regulation expected in autumn2013-03-26
As a major part of financial reforms in Wenzhou, a private-financing and management regulation is expected to be legislated in September or October after being approved by theZhejiangprovincial government.