2021年9月23日

To curb the flow of business loans and consumer loans into the property market, the banking sector in Shanghai has reported self-inspection and rectification

In view of business loans, consumer loans illegally into the property market phenomenon, supervision is continuing to strengthen management efforts. The Shanghai headquarters of the People’s Bank of China (PBOC) recently issued the Shanghai Credit Policy Guidelines for 2021 (hereinafter referred to as the “Guidelines”), requiring financial institutions to reasonably …

China’s electricity consumption is 526.4 billion kilowatt-hours

Beijing, March 13 (reporter Ding Yiting) reporters learned from the National Energy Bureau: in February, the whole society’s electricity consumption 526.4 billion kilowatt-hours, a year-on-year growth of 18.5%. By industry, the primary industry consumed 6.5 billion kilowatt-hours of electricity, up 26.4 percent year on year. Electricity consumption in the secondary …

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