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China's reform programme to cut tax rebates for exports seems to have temporarily hit an impasse, partially due to a stronger-than-expected performance of the export sector - which entails higher payouts from the government. Since reforms are contingent on the...
#crisis#exporters#exports
The 2003 China International Small and Medium-sized Enterprises' (SMEs) Commodities Fair opened in Changzhou in East China's Jiangsu Province on…
#international#International Trade#smes
According to a survey by China’s central bank value-added industrial output recorded by small- and medium-sized enterprises (SMEs) was 1,400…
#bank#financial institutions#investment
"Innovation" and "diversification" are perhaps the most frequently used words in China these days, especially when government officials and economists…
The balance of loans provided by financial institutions in China had hit 15.89 trillion yuan by the end of June…
China will raise the reserve requirements on domestic and foreign banks and other deposit-taking financial institutions next month in order…
The plans include creating a platform designed to provide SMEs with smoother access to capital and credit guarantees, boosting growth…
#bank#Bank of China#banks
China's top leaders have announced plans for changes to the constitution intended to promote economic development, making public a process…
An official from the Small and Medium-sized Enterprise Department under the State Development and Reform Commission (SDRC) revealed the department…
#bank#exports#financial services
State-owned Bank of China’s international factoring transactions increased by more than eight times year-on year while domestic factoring transactions rose…
China Export & Credit Insurance Co. (CECIC) and HuaTai Insurance Company of China Ltd. finalised a partnership agreement in Beijing…
The international service of the Bank of China rose greatly in the first six months of this year. The bank's…
#bank#Bank of China#international
Nearly 80 per cent of small-and medium-sized enterprises (SMEs) applying for interest-free loans to weather the financial strains attributable to…