In the previous months of this year, the Agricultural Development Bank of China (ADBC) Xishuangbanna Branch managed to strengthen its management of loan payments by actively promoting settlements through accounts —it cooperated with the prefectural branch of the Industrial and Commercial Bank of China to build the e-banking system, through which, by the end of October 31, its credit funds of >>> The Agricultural Development Bank of China (ADBC) Xishuangbanna Branch enjoyed a steadily upward tendency in its business thanks to its adherence to the operation idea of “strengthening management for development and risk prevention and focusing on reform for benefit increment and construction of a harmonious organization”. By the end of October its loan remaining sum was 1.058 billion >>> From June 10 to September 28 three new financial service points were established in the townships of Xiding, Yaoqu and Bulangshan in Menghai county respectively, marking the county’s work of setting up such points to bridge its gap in this field was completed ahead of schedule this year. By October 30 these points launched a total of 143 loans of 2.64 million yuan and opened 5,197 accounts w >>>
BEIJING - Prices of China's farm produce in major cities have all posted rises in the week that ended October 31 from the previous week, government figures showed Wednesday.
The rise in food prices, which have a one-third weighting in the calculation of China's consumer price index (CPI), has added to inflation concerns as the index rose to a 23-month high of 3.6 percent in September.
In the w >>>
CANBERRA, Nov. 4 (Xinhua) -- Australian Treasurer Wayne Swan on Thursday will depart for Beijing of China, to meet with key Chinese representatives, before heading to this weekend's Asia- Pacific Economic Cooperation (APEC) finance ministers' meeting in Kyoto of Japan.
Swan will meet Chinese Vice-Premier Li Keqiang on Thursday to further strengthen the "already strong economic relationship >>> Stephen Roach, Morgan Stanley's Asia chairman, said QE2 will cause excessive liquidity in the US and speculative money may seek high-yield investment opportunities in Asia's developing economies such as China, according to the Herald.
China faces the risk of its dollar-denominated assets depreciating and the risk of increasing inflows of international speculative money, following the US Federal R >>> BEIJING- China may order State-owned companies to pay dividends of up to 30 percent every year, pending cabinet approval, the Shanghai Securities News reported on Thursday.
Most Chinese State firms pay 5 percent dividends now, with those in resource industries, including tobacco, power, petrochemical and coal, paying 10 percent.
"The dividend rate by State firm >>>
A total of RMB 107.39 billion yuan from other provinces have been invested in Yunnan during the first three quarters of 2010, showing an increase of 35.8% over the same period last year, being equal to the total amount in 2009. And contracts of 4995 cooperation projects have been signed so far.
The funds from other provinces for building industry, coal-mining industry and nonferrous metals indu >>> BEIJING, Nov. 3 (Xinhua) -- The Consumer Price Index (CPI), the main gauge of inflation in China, is likely to rise 4.1 percent in October after accelerating to a 23-month high of 3.6 percent in September, the Bank of Communications forecast on Wednesday.
The bank, China's fifth largest lender, said in a report that the index would see moderate dips in the coming two months amid decreasing dema >>>
BEIJING, Nov. 3 (Xinhua) -- Prices of China's farm produce in major cities have all posted rises in the week that ended Oct. 31 from the previous week, government figures showed Wednesday.
The rise in food prices, which have a one-third weighting in the calculation of China's consumer price index (CPI), has added to inflation concerns as the index rose to a 23-month high of 3.6 percent in Septe >>>
An activity for help people in need has been launched by Yunnan Youth Development Foundation on the occasion of the 20th Anniversary of Project Hope in Yunnan on October 31.
The Project Hope in Yunnan has raised RMB 460 million yuan, helping 140,000 students from poverty-stricken families go or return to schools, building more than 1,400 Hope primary schools throughout the past twenty >>> Banking financial institutions in Xishuangbanna Dai Autonomous Prefecture increased loans to agriculture by reducing the increase of non-agriculture loans. With the controllable risk, they offer the convenient, fast and flexible financial support.
Balance of agriculture-related loans of banking financial institutions in Xishuangbanna Dai Autonomous Prefecture up to 8.932 billion RMB Yuan by the e >>>
