China February new bank loans fall to 1.01 trillion yuan, below forecasts
China's banks extended 1.01 trillion yuan ($139.66 billion) of new loans in February, well below analysts' forecasts, ...
CCN on MSN2d
China’s ICBC Backs AI Push With $11 B Fund as Beijing Mobilizes 1 T Yuan for Tech Startups
The Industrial and Commercial Bank of China (ICBC) has launched an 80 billion yuan technology and innovation fund. This ...
China Daily6h
China issues 6.14 trillion yuan in new loans in first two months of 2025
BEIJING -- China issued 6.14 trillion yuan (about $855.89 billion) in new yuan-denominated loans in the first two months of ...
Xinhua Daily Press Group6h
EconoScope | How eastern Chinese city achieved dual milestones of 1 tln yuan GDP, 10 mln population
In 2024, the city’s permanent population surpassed 10 million, making it the fourth in the Yangtze River Delta, one of China's most economically vibrant regions, to reach this milestone, following ...
UPDATE 1-China to set up national venture capital guidance fund, state planner says
China will set up a government-backed fund in the near future that will mobilize 1 trillion yuan ($138.01 billion) from social capital to support technology startups, Zheng Shanjie, the head of ...
Baidu Plans to Raise $1.4 Billion in Sale of Offshore Yuan Bonds
Baidu Inc., the operator of China’s leading search engine, is planning to offer about 10 billion yuan ($1.4 billion) of bonds ...
US-blacklisted Zhipu AI gets fresh funding from Chinese state firm
Chinese AI startup Zhipu AI secured 500 million yuan ($69.04 million) in funding from state-owned Huafa Group, just earlier ...