China

China's banking sector, aided by the nation's entry to the World Trade Organisation (WTO), is poised to press on with reforms, Moody's Investors Service notes in a newly published report.

The ombudsman of the small- and medium-sized enterprise (SME) office of the State Development and Reform Commission, Wang Liming, said that China will adjust its policies to ensure the healthy and harmonious growth of its SMEs.

The first stock to be listed on the new stock market for small- and medium-sized enterprises (SMEs) started initial public offering in Shenzhen on 2 June 2004.

The government has taken a series of measures, including enacting related laws and regulations, giving stronger financial support and accelerating the construction of a service system, to promote the development of the small- and medium-size enter

A grand inauguration ceremony to launch Shenzhen Stock Exchange’s small- and medium-sized enterprise (SME) board was held yesterday. Zhejiang NHU, based in east China’s Zhejiang Province, will issue 30 million shares.

China’s vice-minister of commerce Yu Guangzhou has revealed that the central government is considering offering increased support to export credit insurance on farm produce.

Chinese exporters of farm produce were urged today (May 12) to have their US$16bn worth of agricultural products covered by export credit insurance in order to minimise potential economic risks.

Signs that China is preparing to calm its breakneck economic growth are hitting stock markets across Asia.

Credit insurer Coface said payment default risk in China is still low but traders need to be cautious and selective with buyers up north.

Approval has been received from the China Banking Regulatory Commission for seven of the nine branches belonging to the Hongkong and Shanghai Bank Corporation Limited (HSBC) to provide renminibi (RMB) banking services to local corporations in main