Working Group News
Banking sector in good health: top officials
The banking sector remains largely healthy, and market-oriented reform will be continued prudently, finance officials said.
CBRC denies prejudice against private capital
Chief of China's banking regulator said Sunday that the government does not have "prejudiced regulations" on private investors seeking participation in the banking sector.
China likely to expand RQFII quota
China's securities authorities announced Saturday that it has "agreed in principle" to expand its RMB Qualified Foreign Institutional Investors (RQFII) pilot program by increasing the investment quota by 200 billion yuan ($31.74 billion).
Wenzhou to inject capital into SMEs
Private funding is no longer the only way small companies can raise capital in Wenzhou as the city moves toward financial reform that will inject more money into the system to help small and medium-sized enterprises.
China's highly-profitable banks face challenges
China's commercial banks have been very profitable, despite a slowed economy in the first three quarters of 2012. However, their heavy reliance on net interest income may prove challenging in a time of gradual interest liberalization.
G20 finance chiefs meet to discuss EU, US risks
Finance chiefs from the world's leading economies met here Sunday to discuss Europe's debt crisis and the US "fiscal cliff" of spending cuts and tax hikes.
Read moreCSRC plans RQFII expansion
China's securities regulator said Friday that it is drafting new rules to further expand the renminbi Qualified Foreign Institutional Investor scheme and make it easier for Chinese mainland enterprises to go public in Hong Kong.
S&P: Big Four banks' balance sheets strong
Lending institutions' expansions overseas won't affect ratings
PBOC injection eases 'hot money' fears
Central bank's reverse repurchases to bolster confidence in economy
Read more