By the end of 2023, the total assets of foreign-funded banks in China had reached 3.86 trillion yuan (US$543.32 billion), and foreign institutions have become a very important force in the country's financial sector, said Xiao Yuanqi, vice minister of the National Financial Regulatory Administration.
January 26, 2024China extended more inclusive loans to small and micro enterprises to facilitate their business last year, official data showed on Thursday.
January 26, 2024Foreign financial institutions are heavily engaged in China's financial market and in the country's economic and financial development, and have become a very important force in its financial industry, a senior financial official said in Beijing on Thursday.
January 26, 2024