Brighter Sino-German ties could stabilize global economy
[2020-01-20 00:00]Since 2015, the China-Germany High Level Financial Dialogue has become a key platform for bilateral communication and policy coordination on strategic, overarching, and long-term issues in the fiscal and financial fields.
Market fundamentals in focus on opening-up
[2020-01-20 00:00]It makes sense that foreign banks, money managers and other financial firms are eager to do business in China's domestic markets.
New Retail digitalizes fresh food trade to top huge potential
[2020-01-20 00:00]On-demand food delivery platform Ele.me is banking on China's fresh food e-commerce sector and developing its new Exianda project to help its customers buy fresh vegetables from home.
Vivo vows to dial switch-off message
[2020-01-20 00:00]A unique subway station in Gurgaon, a city about 30 kilometers southwest of India's capital New Delhi, is named after Chinese tech major Vivo.
E-buying A to Z from local shops
[2020-01-20 00:00]Zhang Chenlin, 31, a bank employee in Beijing, prefers to use mobile apps to buy, well, almost everything these days－lunch, dinner, groceries, flowers, fruits, cosmetics, medicine, magazines, accessories, household stuff, you name it.
Data gives rare insight into magic of delivery
[2020-01-20 00:00]The sight of deliverymen speeding on their two-wheelers on China's roads has become so common I used to barely notice them until recently. But a recent industry report made me sit up and take notice.
Stability, maturity will mark new era in foreign investment supervision
[2020-01-17 00:00]China's Foreign Investment Law and its supplementary regulation took effect on Jan 1, marking an official shift in the country's supervision of foreign investment from the old model of case-by-case approval to negative list management.
Guangdong ramps up 5G network efforts
[2020-01-17 00:00]Guangdong province in South China is sparing no effort in promoting its digital economy by accelerating construction of 5G networks and boosting the commercialization of 5G service in the months ahead.
Smaller lenders look to reduce interbank liabilities
[2020-01-17 00:00]Some small-and medium-sized commercial banks reduced quotas that they reported to China's central bank concerning their plans to issue interbank negotiable certificates of deposit (CD) this year, as they tried to improve their liability structure by cutting their interbank liabilities.
Allianz banks on Shanghai unit for growth
[2020-01-17 00:00]The opening-up in the Chinese financial industry entered a new phase, with the first wholly-owned foreign insurance holding company, Allianz (China) Insurance Holding, being unveiled in Shanghai on Thursday.
Housing prices stabilize in major Chinese cities during December
[2020-01-17 00:00]Housing prices stabilized in major Chinese cities last month as prices of new and pre-owned homes remained unchanged or grew at a slower pace from a year ago, suggesting that the property market is on the right track with stable land and home prices, said experts.
PBOC to focus on growth and yuan stability
[2020-01-17 00:00]Maintaining currency stability and strengthening economic growth will be key objectives of the monetary policy this year, as flexible measures from the People's Bank of China, the central bank, will help maintain ample liquidity in the financial system, officials said on Thursday.
