A total of 32,041 redundant leader posts have been eliminated in the past three years, according to the top personnel department of the Communist Party of China (CPC) on Thursday. The Organization Department of the CPC Central Committee ...
Tags: Redundant, Official Positions
The central bank on Tuesday announced plans to introduce green bonds to allow financial institutions to raise funds for green projects. The People's Bank of China (PBOC) said the green bond will widen financing channels for projects in ...
Tags: Green Bond, Interbank Market
China is to extend the trading hours of the interbank forex market by seven hours and allow more foreign entities into the market, according to a Wednesday statement by the People's Bank of China (PBOC). From Jan. 4, the closing time for ...
Tags: Extends Trading, Forex Market
The State Council announced Wednesday that it supported the development of direct financing to reduce production costs for enterprises. Through direct financing, enterprises can get funds from the capital market by issuing shares or ...
Tags: Direct Financing
China's banking regulator is reportedly to revoke the fund management qualifications of 17 domestic banks. It's understood the regulator has issued informal guidance to banks, warning them that their registrations will be removed. The ...
Huawei and ZTE are building up their presence in Colombia, counting on the quality of their products to attract local consumers. The two Chinese tech giants are now mainstays in the Latin American country thanks to their smartphone and ...
Tags: Huawei, ZTE, Colombian Market, cellphone
The Chinese government is calling on the Philippines to give up any illusions of sovereignty over islands claimed by China in the South China Sea. Foreign Ministry spoksperson Hong Lei commented following the release of a court transcript ...
Tags: South China Sea, Arbitration
China's securities supervisor said on Friday that it plans to stress test its securities and futures institutions to assess how they perform under extreme conditions. During the tests, conditions of a wide swing in the capital market or ...
Tags: Securities, Futures Institutions
China's central bank offered a total of 100 billion yuan (15.4 billion U.S. dollars) in six-month medium-term lending facility (MLF) loans at 3.25 percent to 13 financial institutions on Friday. "The move is aimed at maintaining proper ...
Tags: Central Bank, Liquidity
A novel cable designed by a Chinese company could help protect the lives of the country's millions of miners by providing life necessities in times of crisis. The multifunctional cable uses a stainless-steel tube inside a traditional ...
The "Digital China Forum" of the Second World Internet Conference is held in Wuzhen, Zhejiang Province, December 17, 2015. [Photo: CFP] A high-level advisory committee for the World Internet Conference's (WIC) organizing committee ...
Tags: Internet Conference, Wuzhen
Hu Kaihong: Good morning, ladies and gentlemen. Welcome to the news briefing held by the State Council Information Office. The Johannesburg Summit and the Sixth Ministerial Conference of the Forum on China-Africa Cooperation ("FOCAC") will ...
With the approval of the State Council, Vice Minister of Commerce Wang Shouwen and Director of the Department of Finance of Hong Kong Special Administration Region Government John Tsang Chun-wah signed Mainland and Hong Kong Closer Economic ...
Tags: CEPA, Hong Kong, Trade in Services
With the approval of the State Council, vice Minister of Commerce Wang Shouwen and Secretary for Administration and Justice of Macao Special Administration Region Government Leong Vai Tac signed Mainland and Macao Closer Economic ...
Tags: CEPA, liberalization, trade in services, Macao
On December 3 2015, the High-level Dialogue between Chinese-African Leaders and Business Communities and the 5th Conference of the Chinese and African Entrepreneurs, jointly held by the Chinese Ministry of Commerce, China Council for the ...