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 Investments
According to the Director of China’s National Development and Reform Commission, Zhang Ping, China would take positive measures to cope with the international financial crisis and to ensure stable and rapid ... more»
2008-12-24
On 17th of December, Goldman Sachs Group increased its share proportion in the Industrial and Commercial Bank of China (ICBC) by buying 20.529 million of the ICBC's shares on the Hong Kong Exchanges and Clearing Ltd. ... more»
2008-12-24
Effective from 30th of October, China’s central bank, People’s bank of China, would cut its benchmark lending and deposit rates by 0.27 percentage point to stimulate China’s economy growth amid ... more»
2008-11-03
One of the world’s largest food and beverage companies, PepsiCo announced that the company plans to invest USD 1 billion (approximately EUR 783 million) in Chinese market in the next four years, as part of the ... more»
2008-11-03
The 2008 Global China Business Meeting will take place in Madrid, Spain in 17th – 19th November. Over 400 representatives across the globe are expected to participate in this annual gathering of Chinese business ... more»
2008-10-21
China’s statistical authority, National Bureau of Statistics (NBS) announced that China’s fixed asset investment summed up to RMB 11.6246 trillion (EUR 1.29 trillion) in the first three quarters, an increase ... more»
2008-10-21
China's National Bureau of Statistics released figures on 17th June 2008 and announced that the spending on fixed assets such as factories and warehouses was 25.6% up year-on-year in the first five months this year. ... more»
2008-06-23
China’s National Development and Reform Commission and the Ministry of Commerce have jointly issued Catalogue for the Guidance of Foreign Investment Industries 2007 recently. The new guidelines have made many ... more»
2007-11-12
Li Yong, China's Vice Minister of Finance, disclosed plans for the China Investment Corporation (CIC) on 7th November 2007, pointing out that one third of the corporation’s USD 200 billion registered capital ... more»
2007-11-12
According to confirmed sources, China’s Ministry of Railways is expected to take 35% stake in the new investment firm for the Beijing-Shanghai High Speed Rail. The ministry is planning to invest about CNY 40 ... more»
2007-11-05
The Industrial and Commercial Bank of China (ICBC)is planning to open its United States subsidiary as part of its global strategy.
Jiang Jianqing, Board Chairman of ICBC, who is also a delegate to the 17th National ... more»
2007-10-22
Statistics announced by China’s Ministry of Commerce on October 12, 2007 showed that the country’s foreign direct investment reached USD 47.2 billion in the first 9 months this year, up 10.87% year-on-year. ... more»
2007-10-15
With a registered capital of USD 200 billion, China Investment Co. Ltd., the state foreign exchange investment company established to make better use of China’s huge foreign exchange reserve was inaugurated ... more»
2007-10-01
China\'s Ministry of Finance announced the launch of new tranche of special treasury bonds worth 35.09 billion yuan (4.68 billion USD) from 24th of September. According to a ministry statement, the new bond will have ... more»
2007-09-24
The Bank of China (BOC), one of the country\'s top lenders, announced in Hong Kong that it would issue 3 billion RMB (398 million USD) worth of RMB-denominated bonds and that would start from 13 to 21 September 2007.
This ... more»
2007-09-21
In order to regulate monetary credit control reasonably and stabilise the inflation expectations, the central bank decided to raise RMB deposit and loan interest rate of financial institutions, effective from 22nd ... more»
2007-08-22
Xiang Huaicheng, Chairman of the National Council for Social Security Fund China, said at the 2007 Annual Conference of CapitalChina Forum (CCF) on 18th August that though the American sub-prime loan crisis has great ... more»
2007-08-18
News has been confirmed by the Lhasa Branch of People's Bank of China that State Foreign Exchange Administration Bureau will keep practising preference policy of foreign exchange administration in Tibet Autonomous ... more»
2007-08-11
China's central bank is working further on liberalizing interest rates in rural areas and there are no policy restrictions for foreign capital to invest in and restructure some rural finance institutes now, especially ... more»
2007-08-09
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