Fu Wanjun News Today

China’s State Council appointed Lu Lei deputy governor of the People’s Bank of China, the third new senior official at the centr...

BEIJING: China has appointed Lu Lei as deputy governor of the People's Bank of China (PBOC), the human resources ministry said on Tuesday (Dec 26). It also named Fu Wanjun as the deputy head of its financial regulator, the National Administration of Financial Regulation, according to a ministry statement.

/PRNewswire/ -- From September 13 to 15, 2023, the third ESG Global Leaders Conference will be held at the Greenland Bund Center in Shanghais Huangpu District....

Mortgage Rates In China: The quantum of the cut on existing mortgages, which, if implemented, will be the first such move in China since the global financial crisis, would be different for different types of clients and in different cities, said the sources.

Staff reporter and Bloomberg The Agricultural Bank of China (1288) saw its half-year net profit increase by 3.48 percent year-on-year to 133...

Investegate announcements from Agricultural BkCh LB, Annual Financial Report

As China’s rural areas and farmers are seeing increasing demand for diversified and multi-level financial products and services, it is crucial to allocate more innovative financial resources and services to the key and weak spots of the agricultural sector so as to better support the progress of rural revitalization, officials and scholars said at the Financial Street Forum 2022 in Beijing on Wednesday.

China Everbright Bank saw continuous emergence of new drivers for corporate lending in the first half of this year as China underwent economic transformation and upgrading, said senior executives of the bank on Monday.

Banks provide preferential financing to foreign trade-related smaller players

China continues to ramp up support for the real economy through various means, including stabilizing foreign trade, supporting technologically advanced small and medium-sized enterprises and fostering green finance for sustainable development, experts said. The country’s banking sector also continues to consolidate its capabilities to serve the real economy－the part of a country’s economy that produces ...