Loose monetary policy appears Loose monetary policy appears By China Daily - 19 April 2024 China's monetary policy is likely to remain accommodative — and further easing might ensue if economic recovery fails to maintain the momentum gained from the solid first-quarter performance, according to officials and experts.
China's central bank releases guide to payment services for foreigners China's central bank releases guide to payment services for foreigners By chinadaily.com.cn - 15 March 2024 The guide highlights that no IDs are required for transactions under a certain amount when foreign visitors use mobile payment services such as Alipay, Weixin Pay and UnionPay, and some international e-wallets are accepted by merchants in China.
Despite challenges abroad, China continues to attract foreign investment Despite challenges abroad, China continues to attract foreign investment By chinadaily.com.cn - 19 February 2024 China witnessed a net inflow of foreign investment last year even amid challenges posed by overseas central banks' interest rate hikes, official data showed.
The People's Bank of China lowers the deposit reserve ratio by 0.5 percentage points The People's Bank of China lowers the deposit reserve ratio by 0.5 percentage points By Ecns.cn - 24 January 2024 The People's Bank of China, the country's central bank, will lower the reserve requirement ratio by 0.5 percentage points, effective on Feb. 5, Pan Gongsheng, its governor, said at a press conference on 24th of Jan.
PBOC may increase size of property funding tool PBOC may increase size of property funding tool By China Daily - 05 January 2024 China's central bank is likely to further expand the size of a targeted funding tool — pledged supplementary lending — to proactively back the struggling property sector, experts said.
Canton Fair Design Award selection to be collected in archives News Canton Fair Design Award selection to be collected in archives By Xinhua
China Southern Airlines opens new passenger air route to Frankfurt News China Southern Airlines opens new passenger air route to Frankfurt By Xinhua
China's drive to advance high-quality development to present opportunities News China's drive to advance high-quality development to present opportunities By Xinhua
Chinese, Hungarian FMs hold talks on closer bilateral ties News Chinese, Hungarian FMs hold talks on closer bilateral ties By Xinhua
Soybeans become more welcomed as nutritious food News Soybeans become more welcomed as nutritious food By Xinhua