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BEIJING - China's insurance regulator has unveiled two guidelines to tighten regulations on sales personnel and agents in the insurance sector.
BEIJING - Chinese securities and futures investors must abide by new rules starting Saturday that aim to protect their interests.
BEIJING - China's newly merged banking and insurance regulator has outlined major tasks for financial work in 2018, making preventing and dissolving risks a top priority as the country's new economic team promised better coordination in this area.
BEIJING - China's local governments have entrusted more of their basic pension funds for more diverse, higher-return investments as the country tackles the challenge of an aging society, an official said Friday. By the end of June, eight provincial-level regions had signed contracts to entrust a total of 410 billion yuan (about billion) in pension funds to the National Council for Social Security Fund (NCSSF), Lu Aihong with the the Ministry of Human Resources and Social Security told a news conference. Of the total, 172.2 billion yuan of pension funds had been transferred for investment, with the rest to be in place in line with the contracts, Lu said. The eight regions are the cities of Beijing and Shanghai, Henan, Hubei, Guangxi, Yunnan, Shaanxi and Anhui provinces. More regions will join at a later stage, according to Lu. An evaluation system on investment performance will be established, while information transparency will be enhanced, Lu said.
BEIJING - China's central bank will continue to channel credit funds into the real economy, especially small businesses, through measures such as targeted reserve requirement ratio (RRR) cuts and refinancing.
来源：资阳报