Risks in China's banking industry controllable: CBRC chairman
Risks in China's banking industry are generally controllable and the authorities will work to prevent systemic financial risks, the head of the country's banking regulator said Saturday.
No massive layoffs expected in SOE reform: official
China will not experience another upsurge in layoffs like the one seen in the 1990s during the ongoing reform to revitalize inefficient and overstaffed state-owned enterprises (SOE), a senior official said Saturday.
China to crack down on grey-market home loans: PBOC official
China will act hard against home loans raised in the grey market to ward off risks, a central bank official said Saturday.
China capital outflows not strange: central bank
China's central bank officials said Saturday that the recent capital outflows are within expectation and not strange.
Financial reform ‘under discussion’: central bank
Reform of China's financial regulation system is under discussion, Zhou Xiaochuan, central bank governor, said Saturday.
Support for HK offshore yuan market unchanged: central bank
Recent fluctuations in Hong Kong's offshore yuan market are market-driven and the central bank's support for the market remains unchanged, officials said Saturday.
No need to stimulate exports by devaluating RMB: central bank governor
Despite sluggish foreign trade, there is no need for China to resort to special measures to improve competitiveness of the country's exports, central bank governor said Saturday.
Dim sum bonds future good: central bank
From a mid-term perspective, the dim sum bonds would have a nice future, China's central bank governor Zhou Xiaochuan said on Saturday.
No worry about asset backed securitization in China: central bank
The market of asset-backed securitization (ABS) is quite small in China and risks can be prevented through better oversight and transparency, central bank governor said on Saturday.
RMB value back to reasonable level: central bank governor
The Chinese currency renminbi, or the yuan, has started to return to its normal and reasonable level after volatility, and the trend will continue, central bank governor said Saturday.
China can meet growth targets without stimulus: PBOC governor
The growth targets China has set for this year and the 13th Five-Year Plan period (2016-2020) can be realized through improving domestic demand, consumption and innovation, without big stimulus, central bank governor said Saturday.
Nation gets tough on green taxes
China will work on laws on environmental protection taxation and soil pollution prevention as the nation struggles to further cut its emissions, its environment minister said on Friday.
NPC urges publication of budgets
China will urge more departments of the Communist Party of China (CPC) to make their annual budgets public, a top legislator said on Friday.
CPC departments' budgets under legislature review: Official
The central budget, under review of the Chinese national legislature, includes budgets of the Communist Party of China (CPC) Central Committee departments, a legislature official said Friday.
Chinese leaders underscore ethnic unity, poverty relief
Chinese leaders on Friday called for ethnic unity, poverty relief and new development concepts during the ongoing annual parliamentary session.
China to complete environmental supervision reform in two years
A new reform is in the works to ensure independent and effective law enforcement by local watchdogs in China, Minister of Environmental Protection Chen Jining said on Friday.
Political advisor cautions against vocational student drain
A Chinese political advisor on Friday voiced concerns over a decrease in the number of secondary vocational schools and students enrolled.
China's nursing home beds rise to 6.7 mln in 2015
China's senior service industry developed quickly during the past five years, with nursing home beds increasing to 6.7 million at the end of 2015, the country's top economic planning body said Friday.