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China Daily Website

The detailed rules of the pilot financial reform scheme in Wenzhou, Zhejiang province, will soon be unveiled.

  • Effective competition in financial sector key for Wenzhou

    2012-04-19 13:19

    Wenzhou should relax control over the entry of private capital into the financial sector in order to create sufficient competition, a bank official said Wednesday.

  • Wenzhou hopes to recruit more financial talent

    2012-04-17 15:05

    Wenzhou has started a broad-ranging recruitment campaign for financial talent, offering high-level jobs with annual compensation of up to 1 million yuan ($158,400).

  • Liquidation begins for firm embroiled in major lending scams

    2012-04-11 16:01

    Authorities in east China have started to liquidate a bankrupt private firm at the center of a series of lending scams that have heightened public concerns over reforms in the financial sector.

  • PBOC governor visits pilot financial reform zone

    2012-04-11 10:08

    Zhou Xiaochuan, governor of the People's Bank of China (PBOC), said Tuesday during his tour of Wenzhou that the city being a pilot zone for financial reform should encourage private capital to flow into its financial sector.

  • Surviving economic changes in industry

    2012-04-09 11:07

    In a factory in the city of Wenzhou, Zhejiang province, Luo Li, vice-general manager of shoemaker China Juyi Group, talked proudly about how new laser machines have helped to improve its productivity.

  • Wenzhou set to unveil detailed financial plan

    2012-04-07 07:40

    Wenzhou will release details to the public about a test project to reform its financial industry.

  • Wenzhou to unveil detailed reform plan

    2012-04-07 03:40

    Wenzhou will release details about a test project to reform its financial industry and is planning to make financial services the city's chief industry by 2015.

  • Private lending reform

    2012-03-30 08:05

    The State Council has earmarked Wenzhou in Zhejiang province as a pilot zone for financial reform, which will allow local residents to invest overseas and set up loan companies.

  • Investment policy may spread

    2012-03-30 07:31

    Wenzhou official says experiment may be extended to Tianjin and Shanghai.

  • 12 tasks set by Beijing

    2012-03-30 07:31

    The State Council's experiment with financial reforms in Wenzhou calls for the completion of 12 tasks:

  • Wenzhou to pilot reforms

    2012-03-29 08:03

    Wenzhou won Beijing's approval on Wednesday for a landmark financial pilot project that will allow residents of the coastal city to, among other things, invest privately overseas and set up loan companies.

  • Wenzhou to pilot private investment overseas

    2012-03-29 01:49

    Residents of Wenzhou are allowed to invest privately overseas and set up loan companies.

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