◦ Bank of China
Chinese premier stresses enhancing role of finance in stabilizing macroeconomy - China Finance News
Finance

Chinese premier stresses enhancing role of finance in stabilizing macroeconomy

Li made the remarks on Monday during a visit to the Peoples Bank of China and the State Administration of Foreign Exchange SAFE where he chaired a symposium.
China's central bank continues to add liquidity via reverse repos - China Finance News
Finance

China's central bank continues to add liquidity via reverse repos

The Peoples Bank of China said on its website that it has conducted 173 billion yuan US 25.58 billion of seven day reverse repos at an interest rate of 2 percent.
China to extend three structural monetary policy tools - China Finance News
Finance

China to extend three structural monetary policy tools

The credit facility for supporting carbon emission reduction will extend to the end of 2024 with some local and foreign financial institutions being included to deepen international...
Digital yuan in circulation hits 13.61 bln yuan in 2022 - China Nation News
Nation

Digital yuan in circulation hits 13.61 bln yuan in 2022

With the digital currency included Chinas outstanding M0 the amount of cash in circulation totaled 10.
China's rural bank issues US$247 billion of bonds in 2022 - China Finance News
Finance

China's rural bank issues US$247 billion of bonds in 2022

The Agricultural Development Bank of China (ADBC), a rural policy bank, issued about 1.67 trillion yuan (US$247 billion) of bonds in China in 2022.
China allows cities to set lower limit on first-home mortgage rates - China Property News
Property

China allows cities to set lower limit on first-home mortgage rates

Local governments can maintain reduce or remove the floor of mortgage rates for first time home buyers if their new home prices have declined for three months in a row both over a year ago and the previous three month period according to a circular jointly issued by the Peoples Bank of China...
China's central bank pledges measures in 2023 to bolster upturn - China Finance News
Finance

China's central bank pledges measures in 2023 to bolster upturn

On top of maintaining sufficient liquidity through a combination of multiple policy tools the Peoples Bank of China said it will work to reduce financing costs for market entities...
Taking an interesting stroll along Duhang Old Street - District in China
District

Taking an interesting stroll along Duhang Old Street

A two story red stone villa in the Western style used to be the Duhang Branch of the Agriculture Bank of China. Its windows walls and gates are decorated with arches.
China's central bank adds liquidity via operations - China Finance News
Finance

China's central bank adds liquidity via operations

The Peoples Bank of China PBOC injected 650 billion yuan US 93.7 billion into the market through one year MLF with an interest rate of 2.75 percent.
Enduring friends: the 'saint of modern China' and a Japanese bibliophile - China In Focus News
In Focus

Enduring friends: the 'saint of modern China' and a Japanese bibliophile

The old bookshop is a heritage protected building. In more recent years it served as branches for the Peoples Bank of China and the Industrial and Commercial Bank of China.
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