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China

Financial help vital for private businesses

China's top legislators and advisers are calling for the government to beef up efforts to solve funding difficulties that affect the further expansion of private businesses, mostly small- and medium-sized enterprises (SMEs). According to a survey conducted in East China's...

Economy shows no signs of slowing

China's industrial output soared 23.2 per cent in February from a year earlier, official data shows, suggesting the economy is…

#economy#exports#investment


National revenue up 14.7% in 2003

China's national revenue exceeded 2 trillion yuan for the first time to reach 2.1691 trillion yuan in 2003, said Minister…


Trade finance – Export credit

China has two organisations providing official export credit support: the China Eximbank, which was established in 1994 and China Export…

#bank#exporters#exports


Euler Hermes signs a cooperation agreement with SINOSURE

In order to expand its presence in the Chinese market the Euler Hermes Group has entered into a cooperation agreement…


Foreign banks licenced for yuan transactions, one to start...

Chinese financial authorities granted licences to four foreign banks on Friday, allowing them to carry out transactions in yuan directly…

#bank#banks


Benfield brokers trade credit reinsurance treaty in China

Reinsurance intermediary Benfield Group plc said it placed a proportional programme for export and credit reinsurance in China that would…


China Construction Bank to focus on overseas business

China Construction Bank, one of the country's big four State-owned commercial banks, said yesterday it would put an emphasis on…


Exim Bank lending totals 2003 announced

According to a state media report, President Yang Zilin of the Export-Import Bank of China (Exim Bank) announced a total…

#bank#Bank of China#Exim Bank


Central bank to keep rates stable; pledge of greater...

The central People's Bank of China's (PBOC) monetary policy committee has opted to maintain a prudent monetary policy stance in…


China Central Bank chief urges steady interest rate reform

The governor of the People's Bank of China, Zhou Xiaochuan, said interest rate ranges for loans should be expanded to…


Opportunities in China “unprecedented” for SMEs

Government support and rapid economic growth offer "unprecedented" scope for small- and medium- sized enterprises (SMEs) to develop in China,…

#exports#forum#GDP

SMEs starved of finance

After a report quoted the loan rejection rate for China’s small- to medium-sized enterprises (SMEs) as 56 per cent, Ou…

#bank#Boost#funding

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