Working Group News
Banks need new culture
Remuneration structures linked to short-term performance have created incentives for dishonesty and must be changed.
Reform of Foreign Exchange Administration System for Trade in Goods
Reform of Foreign Exchange Administration System for Trade in Goods
Read moreSpecial bank accounts for Foreign Invested Enterprises
Special bank accounts for Foreign Invested Enterprises
Read moreMore 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.