Working Group News
More easing 'in the pipeline'
Beijing is expected to make more policy-easing moves in the short term as economic growth is forecast to fall below 8 percent in the second quarter, economists said.
Assets of China's lenders rise
The total assets of China's lenders exceeded 120 trillion yuan ($18.86 trillion) by the end of May, according to data released by China Banking Regulatory Commission on Monday.
Banks move to smart cards
The view that banks are reliable and take good care of people's deposits is no longer true, at least in Zhao Ren's eyes.
Read moreChina pledges full coverage of pension system
China will improve the pension system to ensure that by 2015, the number of urban workers and residents underwriting the basic old-age insurance policies will reach 357 million, and the eventual aim is to achieve full coverage of the new rural old-age insurance system and urban employees' pension insurance system.
Junk bonds entering the market
The State's green light is on for small and medium-sized enterprises' junk bonds, synonymous with high-risk but high-yield and low credit ratings. SMEs are excited about the development but the market has mixed feelings. [Photo/China Daily]
Chinese Banks May Lose 100Bln Income amid New Round Rate Cut
The move will increase competition within Chinese banks as they raise deposits rate to attract more money
Read moreTall Tales About China’s Banks Hide Economy’s Problems
As China’s growth slows, its banking system is coming under greater scrutiny. The general perception outside the country is that negative real interest rates are causing financial instability, repressing consumption and encouraging excessive investment in capital-intensive industries.
CSRC breaks down problems facing China's bond market
The China Securities Regulatory Commission (CSRC), China's top securities regulator, broke down the problems facing China's bond market and revealed what the regulator will do to promote the development of the market, in a statement on its website recently.
China Regulator Drafts Rules to Widen Insurers’ Investments
The China Insurance Regulatory Commission has drafted 10 investment rules for insurance companies, some of which are “basically ripe” for publication, the watchdog said in a statement on its website today.