Headquarters of the People's Bank of China (PBOC), the central bank, is pictured in Beijing, China. [Photo/Agencies] BEIJING - China's central bank conducted 68.3 billion yuan ($9.64 billion) of seven-day reverse repos at an interest rate of 1.5 percent Tuesda…

The growth in China's broad money supply recovered in September, a sign that the launch of incremental policies has started to revive market confidence, however, financing activity remains lukewarm, official data showed on Monday. China's broad money supply, o…

BEIJING - China has unveiled a guideline on the development of green finance, outlining 19 important measures for key areas to promote the building of a beautiful China. Focusing on key areas such as the green development of key industries and ecological prote…

BEIJING -- There remains considerable room for China's central finance to issue debts and expand deficit, Minister of Finance Lan Fo'an told a press conference on Saturday.

A saleswoman (right) shows a model of a newly developed residential area to a potential homebuyer in Taiyuan, Shanxi province, May 17, 2024. [Photo/VCG] BEIJING -- China's major national commercial banks unveiled Saturday detailed measures to adjust interest r…

BEIJING -- China will apply a set of fiscal policy tools including local government special-purpose bonds, special funds and taxation policies to help stabilize the property market, Minister of Finance Lan Fo'an told a press conference on Saturday.

BEIJING -- China plans to increase the debt ceiling on a relatively large scale to replace existing hidden debts of local governments and help defuse their debt risks, Minister of Finance Lan Fo'an told a press conference on Saturday.

BEIJING -- China will issue special treasury bonds to support large state-owned commercial banks in replenishing the core tier-1 capital, Minister of Finance Lan Fo'an told a press conference on Saturday.

Visitors check out Chinese tech company iFlytek's large language model during the 2024 World Artificial Intelligence Conference in Shanghai in July. [Photo/Xinhua] As the development of generative artificial intelligence continues to grab headlines, more value…

BEIJING - China's central bank conducted 150 billion yuan ($21.2 billion) of seven-day reverse repos at an interest rate of 1.5 percent Thursday. The move aims to keep liquidity in the banking system reasonable and ample, the central bank said. A reverse repo …

BEIJING - China will increase fiscal support for the data industry by tapping into the central government's budget and ultra-long special treasury bonds to improve the management, development, utilization and security of data resources, an official said on Thu…

Liu Changqing, assistant to the general manager of FAW Group and vice-president of the Hongqi brand operations committee, and gymnast Liu Yang. [Photo provided to chinadaily.com.cn] Chinese vehicle brand Hongqi delivered EH7 Glory Edition sedans to Olympic ath…

A view of Citi's Shanghai office in October 2021. [CHINA DAILY] During a weeklong visit to China last month, Cathy Shepherd, the global head of Citi's corporate banking for clean energy transition, met with clients across the geothermal, wind, solar and electr…

BEIJING - China's central bank announced Thursday that it has decided to set up Securities, Funds and Insurance companies Swap Facility (SFISF), with the initial scale of 500 billion yuan ($71 billion) for "the healthy and stable development of the capital mar…

BEIJING - China's central bank said Wednesday that it had held the first joint working group meeting with the Ministry of Finance to discuss treasury bond trading in its open market operations. The two authorities established an operating mechanism of the join…