Zhou Xiaochuan, vice chairman of the Boao Forum for Asia, said at the 13th Lujiazui forum that financial services for the real economy have at least three meanings. The first is the payment system. In the process of making the payment system, finance can be completely regarded as a part ...
China has the world's largest banking system and the second-largest insurance, stock and bond markets. Nevertheless, the quality and efficiency of the country's financial services for the real economy need to be further improved. China must make significant efforts in the areas of technology fina...
Since the beginning of this year, Jiangsu has reported a rapid growth in its total financial volume, demonstrating excellent quality and reduced prices. Loans to the manufacturing industry have maintained a rapid growth, providing strong support for the healthy development of the real economy. Statist...
The Chinese government puts great emphasis on financial services for the real economy, including for the small and micro businesses. Li called for giving greater priority to small and micro businesses in providing affordable finance to energize these businesses and boost employment. The Wednesday meetin...
The financial system will strive to stimulate new growth drivers, provide stable financing support for consumer demand such as bulk and service consumption, and strengthen financial services for private enterprises, according to the ...
for how to implement f i nancial shared services in the real economy.1. IntroductionIn the current era of digital economy, information tech-nologies such as AI, blockchain, cloud computing, data tech,edge computing, and so on are changing rapidly and con-tinue to create new increment and...
up. Prudent monetary policy has been precise and effective, counter-cyclical adjustment has been intensified, the credit structure has been continuously optimized, the financing cost of the real economy has been stable and decreased, and financial support for the real economy has continued to ...
PBOC Governor Pan Gongsheng has pledged efforts to keep interest rates at an appropriate level and ensure that the financing costs of the real economy are lowered steadily. The central bank will ramp up support for the real economy, guard against systemic financial risks and deepen financial openi...
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REAL ECONOMY UNDERPINNED Financial services are the lifeline of the real economy. China boasts the world's largest banking system and second-largest insurance, stock, and bond markets. Its financial system thus vigorously supports the sound development of the economy and society. ...