Why China’s economic output has an unbalanced structure?

The top Chinese regulator explained why China’s economic output has an unbalanced structure and how to solve the economic problem in a recent article. Guo Shuqing, Chairman of the China Securities Regulatory Commission (CSRC), wrote an article, titled “Adjusting financial structure to pave way for economy” on People’s Daily, China’s flagship newspaper on July 2. […]

China pledges $43 billion to IMF

China pledges $43 billion to IMF

China will pitch in $43 billion to the latest round of the $430 billion resources increase to the International Monetary Fund (IMF) at the G20 summit, People’s Daily Online learned from the People’s Bank of China (PBC) yesterday. “For the purpose of insuring the IMF’s ample resources and helping the international community to tackle the […]

Insurance funds in China to be managed by securities houses

Insurance funds in China to be managed by securities houses

China is likely to allow the insurance funds to be entrusted to fund management companies and securities companies, according to authoritative sources. The China Securities Regulatory Commission (CSRC) and the China Insurance Regulatory Commission (CIRC) recently had a consultation on some issues including the use of insurance funds and strengthening of regulatory cooperation. The two […]

More favorable policies loom for China’s fund industry

China’s fund industry has received the signals about more favorable policies from the Chinese regulatory authorities at the opening ceremony of China’s first self-regulating fund association recently. The China Securities Regulatory Commission (CSRC) will optimize the external environment and strive for a breakthrough in the fund industry, Guo Shuqing, China’s top securities regulator, said at […]

Will IPO reform replace verification system with registration system?

The China Securities Regulatory Commission (CSRC), China’s top securities regulator, recently said in a statement that the reform of IPO stocks will not focus on replacing the current verification system with the registration system. “It is not the core problem whether to adopt the verification system or the registration system,” the CSRC said in the […]

China inks more MoU deals

China inked more MoU deals at the just-concluded IOSCO Annual Conference in Beijing, expanding its MoU partners to 49. The China Securities Regulatory Commission (CSRC) signed several bilateral Memorandums of Understanding (MoU) with securities regulators from Cyprus, Luxembourg and other countries at the 37th International Organization of Securities Commissions (IOSCO) Annual Conference in Beijing, which […]