Chinese Mainland Cuts Lending Rates to Boost Economic Growth
The Chinese mainland has cut its benchmark lending rates to lower financing costs, stimulate investment, and support economic recovery.
Finance
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Global Investors Bullish on Chinese Mainland’s Economic Growth
Overseas financial institutions express confidence in the Chinese mainland’s economy, citing robust GDP growth, advancements in high-tech manufacturing, and strong investment and export performance.
China Allocates 260M Yuan for Disaster Relief Amid Severe Flooding
Amid severe flooding across seven river basins, China allocates 260 million yuan to support disaster relief efforts in multiple provinces.
China Reinforces Fight Against Financial Fraud in Capital Markets
China implements robust measures to combat financial fraud and enhance integrity in its capital markets, stressing zero tolerance for irregularities.
China Funds 105M Yuan to Restore Flood-Damaged Roads Across Key Regions
China allocates 105 million yuan to promptly restore flood-damaged roads in key regions, ensuring safe traffic during the ongoing flood season.
IMF Opens Shanghai Regional Center to Boost Asia-Pacific Economic Growth
The IMF inaugurates its Shanghai regional center, highlighting the Asia-Pacific’s growing economic influence and fostering deeper collaboration for sustainable growth.
HKEX CEO Bonnie Chan: Hong Kong and Mainland Exchanges Forge Diversified Market
HKEX CEO Bonnie Chan discusses how Hong Kong and mainland exchanges are collaborating to create a diversified market for various enterprises.
European Banks Relying on Big Tech for AI: New Risks on the Horizon
European banks are increasingly dependent on Big Tech for AI infrastructure, raising concerns about vendor lock-in and regulatory challenges.
Chinese Premier Li Qiang Advocates for Enhanced Financial Support to Real Economy
Chinese Premier Li Qiang emphasizes the financial sector’s role in supporting the real economy and calls for high-quality development and risk management.
Hong Kong’s Economy on the Rise: Positive Outlook and Market Gains
Hong Kong’s economy shows signs of recovery with stable financials, a positive market outlook, and rising property transactions, according to HKSAR Financial Secretary.