Finance

China's Nov forex reserves rise to US$3.1718 trln - China Finance News
Finance

China's Nov forex reserves rise to US$3.1718 trln

China's foreign exchange reserves came in at 3.1718 trillion US dollars at the end of November, up from 3.1012 trillion dollars at the end of October.
Gold continues to shine for wealthy investors - China Finance News
Finance

Gold continues to shine for wealthy investors

Shanghai forum hears financial experts and industry insiders underscore significance of gold in a volatile economic landscape with its appeal as a safe asset never more apparent.
China issues draft rule on management of domestic investments by social security fund - China Finance News
Finance

China issues draft rule on management of domestic investments by social security fund

China's finance ministry on Wednesday issued a draft rule on the management of domestic investments by the country's social security fund.
China's securities regulator approves 3 consumption-related REITs - China Finance News
Finance

China's securities regulator approves 3 consumption-related REITs

China's top securities regulator has approved three applications for the country's first publicly traded consumption-related Real Estate Investment Trusts (REITs).
China Development Bank issues over US$14 billion in special loans for energy supply - China Finance News
Finance

China Development Bank issues over US$14 billion in special loans for energy supply

China Development Bank, one of the country's policy banks, has issued more than US$14 billion of special loans to support energy supply since the beginning of this year.
China's forex market reports transactions totaling 16.24 trln yuan in October - China Finance News
Finance

China's forex market reports transactions totaling 16.24 trln yuan in October

China's foreign exchange market recorded transactions worth a total of 16.24 trillion yuan, equivalent to 2.26 trillion US dollars, in October, official data showed on Friday.
China's financial market opening-up continues apace - China Finance News
Finance

China's financial market opening-up continues apace

China has allowed Mastercard's Chinese joint venture to conduct bank card clearing operations in the country.
China's loan prime rates remain unchanged - China Finance News
Finance

China's loan prime rates remain unchanged

China's one-year loan prime rate (LPR), a market-based benchmark lending rate, came in at 3.45 percent Monday, unchanged from the previous month.
PwC gathers global assurance leaders in Shanghai to share insights - China Finance News
Finance

PwC gathers global assurance leaders in Shanghai to share insights

PwC gathered their global assurance leaders in Shanghai for a two-day conference, sharing insight on industry development and emerging trends.
China's non-financial ODI up 17.3% in first 10 months - China Finance News
Finance

China's non-financial ODI up 17.3% in first 10 months

China's non-financial outbound direct investment (ODI) increased 17.3 percent year on year to 736.2 billion yuan in the first 10 months of the year, official data showed Thursday.
China unveils plan to promote high-level institutional opening-up of Shanghai FTZ World media join hands to contribute to humanity's better future Google looks to take generative AI lead with Gemini Chinese automaker Chery produces 1st EV in Indonesia Nearly 100 Chinese cities lower mortgage rate floor for first homes Xiaomi CEO donates US$183m to alma mater, Wuhan University ByteDance slashes jobs, confirms retreat from gaming business More Chinese cities record falling home prices in October Starting at US$60,990, Tesla's Cybertruck is priced 50% higher than initial estimate China strives to commercialize 6G tech around 2030 Ski, hot spring destinations gain popularity China's foreign trade up 1.2 pct in November Chinese online literature finds fame and fortune on a global scale COP28 told to address Global South concerns China speeds up development of 6G technology Over 5,600 companies participate in Shanghai auto parts fair China's property investment decreases in first 10 months Alibaba's Taobao replaces Dec 12 shopping spree with new event McDonald's stake reacquisition reflects confidence in Chinese market China's home prices remain stable amid policy support China's major internet firms see robust growth in Jan.-Oct. Huawei, Changan change gears to drive smart auto industry development Deals worth over US$8.27 billion inked at int'l transportation expo Shanghai remains a key city for global investment Chinese shares close lower Tuesday, with Shanghai composite index falling below 3,000 points COP28 calls for accelerating global climate response in Dubai Amway aims for "Total Wellness" as China business soars China's electronic information manufacturing industry sees further recovery Qingpu New City becoming open and innovative hub Survey sparks awareness campaign for child safety, in and around vehicles Volkswagen's first wholly-owned battery system plant in China starts production Huawei-backed HarmonyOS gets support from Chinese Internet giants J.P. Morgan Corporate Challenge attracts approximately 3,500 runners China accelerates construction of government-subsidized rental housing projects China's pavilion launched at COP28 in Dubai Mayor honors innovative industry leaders China's construction land use per unit of GDP down 18.9 pct in 5 years Saudi Arabia wins bid to host World Expo 2030 China's big lenders to lower rates on existing first-home loans China's AI computing power to see robust growth SF Express, Louis Vuitton join forces to cut carbon emissions Chinese-brand passenger car sales up 22.2% in Jan-Oct
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