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Top related persons:
Ella Cao - 2 Kevin Yao - 2 Jason Lee - 1 Liangping Gao - 1 Toby Chopra - 1 Hugh Lawson - 1 Bernard Orr - 1 Andrew Heavens - 1
Top related locs:
China Beijing Rights BEIJING BEIJING Xinhua
Top related orgs:
Thomson - 2 People's Bank of China - 1 REUTERS - 1 Rights - 1 HK - 1 Xinhua - 1 Communist Party - 1 Authorities - 1

Search resuls for: "Ella Cao And Kevin Yao"


2 mentions found


☆ China cenbank says it will keep policy 'precise, forceful' to aid recovery
  + stars: | 2023-08-17 | by ( ) www.reuters.com   time to read: +2 min
A man wearing a mask walks past the headquarters of the People's Bank of China, the central bank, in Beijing, China, as the country is hit by an outbreak of the new coronavirus, February 3, 2020. REUTERS/Jason Lee/File Photo Acquire Licensing RightsBEIJING, Aug 17 (Reuters) - China's central bank said on Thursday it would keep liquidity reasonably ample and keep its policy "precise and forceful" to support the country's economic recovery, amid rising headwinds. The People's Bank of China (PBOC) will "better leverage the dual functions of aggregate and structural monetary policy tools and firmly support the recovery and development of the real economy," the bank said in its second-quarter monetary policy implementation report. Markets widely expect the bank to loosen monetary policy further. China will also prevent overshooting risks of the yuan exchange rate and fend off systemic financial risks, the central bank said.
Persons: Jason Lee, Liangping Gao, Ella Cao, Kevin Yao, Toby Chopra, Hugh Lawson Organizations: People's Bank of China, REUTERS, Rights, HK, Thomson Locations: Beijing, China, Rights BEIJING
☆ China to increase support for private firms to bolster recovery
  + stars: | 2023-07-19 | by ( Ella Cao And Kevin Yao | ) www.reuters.com   time to read: +3 min
Summary Party, cabinet issue policies to support private sectorTo protect private property rights, ensure fair competitionTo create "traffic light" regime for private investorsTo support eligible firms to list and refinanceBEIJING, July 19 (Reuters) - China on Wednesday pledged to make the private economy "bigger, better and stronger" with a series of policy measures designed to help private business and bolster the flagging post-pandemic recovery. The measures include protection for the property rights of private firms and entrepreneurs and steps to ensure fair market competition by breaking down market-entry barriers. They will also create a "traffic light" system to make clear the areas in which private investors are able to invest, as well as encouraging some private companies to issue technology innovation bonds. Private companies will be encouraged to increase investment in areas such as power generation and storage, and the industrial internet. China is also encouraging private enterprises to increase investment in research and development and participate in investment and construction of new types of infrastructure.
Persons: Ella Cao, Kevin Yao, Bernard Orr, Andrew Heavens, Jane Merriman, Sharon Singleton Organizations: Xinhua, Communist Party, Authorities, Thomson Locations: BEIJING, China, Xinhua
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