Standard Chartered opens branch in East China city

Customers are seen at a Standard Chartered bank branch in Shanghai. [WANG GANG/FOR CHINA DAILY] HEFEI — Standard Chartered on Wednesday opened a branch in Hefei, capital of Anhui province in East China, as the British banking giant beefs up its presence in China. Standard Chartered now has a presence in all four provincial-level regions … Continue reading Standard Chartered opens branch in East China city

New measures unveiled to further boost capital markets

[Photo/VCG] China unveiled new measures on Friday to enhance the connectivity between mainland and Hong Kong capital markets as the country’s latest step to expand its financial opening-up and reinforce Hong Kong’s position as an international financial center. The China Securities Regulatory Commission said it will, in collaboration with its Hong Kong counterpart, expand the … Continue reading New measures unveiled to further boost capital markets

Catch-up potential, digital tech vital for growth

CAI MENG/CHINA DAILY China’s growth potential, ongoing as well as in the foreseeable future, depends on two vital factors. First, its ability to play catch up with major economies and next, upon new possibilities unleashed by digital technology through a fresh tech revolution and green transition. Two potentials The catch-up potential refers to the nation’s … Continue reading Catch-up potential, digital tech vital for growth

State Grid Sixian County Power Supply energizes photovoltaic development

Staff members from the State Grid Sixian County Power Supply Company provide services in the county. [Photo provided to chinadaily.com.cn] At Anhui Quanwei Green Energy Technology in the Sixian Economic Development Zone, Anhui province, staff members from State Grid Sixian County Power Supply Company provided services and listened to the company’s current needs. This is … Continue reading State Grid Sixian County Power Supply energizes photovoltaic development

State Grid in concrete move to lessen burden on enterprises

Staffers (in red jackets) from State Grid Xuchang Power Supply Co inquire about electricity need at Pingmei Longji New Energy Technology Co Ltd in Xiangcheng county, Henan province, on April 7. [Photo provided to chinadaily.com.cn] The State Grid — the world’s largest utility which shoulders a dual task of safeguarding China’s energy security as well … Continue reading State Grid in concrete move to lessen burden on enterprises

State Grid keen on cutting CO2 emissions

A State Grid employee addresses queries on low-carbon operation at a refractory material production company in Huzhou, Zhejiang province. TANG TIANCHENG/FOR CHINA DAILY State Grid Corp of China, the world’s largest utility which shoulders a dual task of safeguarding the country’s energy security as well as serving as an economic lifeline, has made innovations in helping … Continue reading State Grid keen on cutting CO2 emissions

China unveils new measures to streamline foreign exchange business processes

A teller counts and arranges dollar notes at an Agricultural Bank of China branch in Qionghai, Hainan province. [Photo/China Daily] BEIJING – The State Administration of Foreign Exchange (SAFE) released a circular on Sunday, announcing the introduction of six measures aimed at optimizing foreign exchange business processes. According to the circular, these newly-introduced measures are … Continue reading China unveils new measures to streamline foreign exchange business processes