China issues this year's second batch of ultra-long special treasury bonds 2024-05-25
China on Friday issued this year's second batch of ultra-long special treasury bonds.

China's green loans see record-breaking quarterly surge in Q1: central bank 2024-05-04
China's green loans logged an increase of 3.7 trillion yuan (about 520.66 billion U.S. dollars) in the first quarter of 2024 (Q1), hitting an all-time high, the country's central bank said.

PBOC may up bond trading 2024-04-25
China's central bank will likely increase the trading of government bonds as a liquidity management tool, yet such a move should not be misunderstood as quantitative easing, officials and experts said.

Central bank committed to prudence 2024-04-03
China's central bank may regard treasury bond trading in the secondary market as one of the common means to provide liquidity - a practice that hasn't been active for about two decades and a meaningful means to optimize its monetary policy system, experts said.

China still has room for RRR reductions: central bank 2024-03-21
A Chinese central bank official said Thursday that the country had ample monetary policy space and options, and there was still room for further reserve requirement ratio (RRR) cuts.

China's new rules on consumer finance to defuse risks, promote consumption 2024-03-21
China's recent new regulations on consumer finance companies will improve market regulation and risk control and let the sector better play its role in bolstering consumption growth, analysts said.

Chinese banks report slight forex settlement surplus in February 2024-03-16
China's commercial banks saw a net forex settlement surplus of 12 billion yuan (about 1.69 billion U.S. dollars) in February, official data showed on Friday.

China's yuan loans maintain fast growth momentum in first 2 months 2024-03-16
China's yuan-denominated loans rose by 6.37 trillion yuan (899.8 billion U.S. dollars) in the first two months of this year, maintaining a relatively fast growth momentum, central bank data showed Friday.

China ups efforts to better meet payment needs of foreigners, elderly 2024-03-09
China on Thursday released a guideline aimed at continuing to optimize payment services of bank cards, promoting cash use and facilitating mobile payment as part of the efforts to better fulfill the diverse payment preferences of foreigners and senior citizens in the country.

Chinese commercial banks see profits up 3.2 pct in 2023 2024-02-22
China's commercial banks reported a profit growth of 3.2 percent in 2023, data from the banking regulator showed on Wednesday.

Big LPR cut lifts hopes of homebuyers 2024-02-22
The 25-basis-point cut to over-five-year loan prime rate to 3.95 percent on Tuesday is good news for mortgages, and will help commercial banks to lower interest rates on first-home loans and guide more capital to private and small enterprises, industry experts said on Wednesday.

China's LPR drops amid intensified efforts to bolster economy 2024-02-21
China's benchmark lending rate dropped on Tuesday as the country has strengthened monetary measures to give the economy a promising start in the first quarter of 2024.

Key rate cut seen as move to prop up realty 2024-02-21
China implemented the biggest-ever cut to a mortgage rate benchmark on Tuesday, indicating policymakers' dedication to bolster the struggling housing sector and the broader economy, with additional interest rate cuts likely on the horizon, experts said.

Balance of loans up 13.1 pct in China's Yangtze River Delta 2024-02-19
The balance of loans in China's Yangtze River Delta region increased by 13.1 percent year-on-year to 64.34 trillion yuan (9.06 trillion U.S. dollars) at the end of December, official data showed.