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Summary of Urban Depositors Survey, Q3, 2009: In the second half of August 2009, the PBC conducted a survey on urban depositors in 50 large, medium and small-sized cities across the country. The survey findings are as follows: 1. The income sentiment index rebounds for the first time in the past two years In the third ...

Monetary Policy Committee Held Its Third Quarterly Meeting in 2009: The Monetary Policy Committee of the People s Bank of China (PBC) held its third quarterly meeting in 2009 in Beijing days ago. After analyzing domestic and global economic and financial developments, the Committee held that policy measures adopted to address the international ...

Deputy Governor Yi Gang attended the Twentieth IMFC Meeting: The International Monetary and Financial Committee (IMFC) of the IMF held its 20th ministerial meeting on October 3-4, 2009 in Istanbul. Twenty-four governors representing 186 member countries and representatives from international and regional institutions and forums including ...

Joint Conference on Statistical Challenges Facing the Central Banks Convened in Dalian: From 21 to 22 September, a PBC-IMF Joint Conference on Statistical Challenges Facing the Central Banks was convened in Dalian. Centering around the issues in central bank statistics arising from the financial crisis and the responses by central banks, the participants discussed ...

Money and Credit Maintain Rapid Growth: The attached file is in PDF format. You must have the Acrobat Reader installed to open the file. attachment: 1. MoneyandCreditMaintainRapidGrowth.pdf

China-Russia Financial Forum Held in Beijing: The Financial Sub-forum of the Fourth China-Russia Economic and Trade Summit Forum and the Fourth China-Russia Financial Cooperation Forum opened days ago in Beijing. Ms. Wu Xiaoling, Vice Chairman of the Finance and Economic Committee of the National People s Congress and ...

SMEs RMB Loans Grew 28% Over Beginning of 2009: According to the PBC and CBRC, SMEs outstanding RMB loans increased 3.08 trillion yuan over the beginning of 2009 to 14.1 trillion yuan (among which 910.2 billion was bill financing) at the end of September 2009, a rise of 28 percent. At end-September, outstanding non-performing ...

Financial Statistics H1 2010: In H1 2010, in accordance with the decisions of the CPC Central Committee and the State Council, the PBC continued to implement a moderately loose monetary policy. At the same time, it placed emphasis on enhancing the targeting and flexibility of macro regulation so as to provide ...

The PBC Filed 654 Suspected ML Cases with a Total Value of 371.1 Billion Yuan in 2009: In 2009, the PBC made strenuous efforts to carry out AML investigations with positive results. In the year, the PBC conducted 3149 AML investigations based on 1082 key clues of suspicious transactions and filed 654 cases with the investigation authorities. The total value of ...

Financial Market Performance in September 2009: The attached file is in PDF format. You must have the Acrobat Reader installed to open the file. attachment: 1. FinancialMarketPerformanceinSeptember2009.pdf

The PBC Donated 5 Million Yuan to Qinghai Provincial Government And Set Up a Green Pass for Quake Relief Fund Transfer: On April 14, an earthquake that measured 7.1 on the Richter Scale hit Yushu county of Yushu Tibetan autonomous prefecture in Qinghai province, and caused large number of casualties and heavy property loss. In response, the PBC has taken disaster rescue and relief as the most ...

Financial Market Performance in February 2010: In the first two months of 2010, the financial market performed in a stable manner. In February, bond issuance on the inter-bank market declined. There was adequate liquidity in the market. Affected by the spring festival vacation and other factors, turnover of inter-bank ...

Urgent Notice of the People s Bank of China on Financial Services to Support Spring Farming and Anti-Drought Activities in Southwest China (PBC Doc.(2010)100): In order to implement the decisions laid out in the CPC Central Committee document on agricultural development and made by the National Spring Farming Work Conference, and to provide good financial services for farmers in spring farming and for anti-drought measures in southwest ...

The Hunan Province Launched Financial Standard Based Citizen Card and China UnionPay Mobile Payment Based on Financial Standards: On April 16, Financial Standard Based Citizen Card and the business of China UnionPay Mobile Payment Based on Financial Standards were officially launched in Changsha, the capital city of Hunan Province. Deputy Governor of Hunan Province Han Yongwen, PBC Assistant Governor Li ...

Monetary Policy Committee Held Its First Quarterly Meeting: The monetary policy committee of the PBC convened its first quarterly meeting in 2010 in Beijing days ago. After discussion, representatives held that China is facing complex economic and financial situations both at home and abroad. With positive changes in global economy on a ...

Membership of Monetary Policy Committee Adjusted: In accordance with the Provisions of the People s Bank of China on Monetary Policy Committee, and as approved by the State Council, Fan Gang s tenure has expired and Zhou Qiren is appointed member of the Committee. Xia Bin and Li Daokui are appointed new members. Professor Zhou ...

Implement the Arrangements of the Central Economic Work Conference and Promote Quality and Rapid Development of National Economy: The People s Bank of China convened its yearly work conference on January 5th and 6th, 2010. During the meeting, participants heard briefings on the overall arrangements for financial work made by the Central Economic Work Conference. They also summarized the work in 2009, ...

Central Banks of China and Belarus Singed an Agreement on Trade Settlement in Local Currencies: As approved by the State Council, PBC Deputy Governor Su Ning signed the Agreement between China and Belarus on Trade Settlement in Local Currencies with Governor Prokopovich of National Bank of the Republic of Belarus in Minsk on March 24, 2010. Under the Agreement, bilateral ...

PBC Governor Zhou Xiaochuan Attended the IDB Annual Meeting in 2010: On March 21 to 23 2010, PBC Governor Zhou Xiaochuan attended the Annual Meeting of Inter-American Development Bank Group in 2010 and addressed the conference in capacity of a governor of the board. Governor Zhou acknowledged the contributions made by the IDB in alleviating ...

Su Ning Leads On-Site Inspection of Financial Services for World Expo: On Mar. 17, PBC Deputy Governor and President of PBC Shanghai Head Office Su Ning led an on-site inspection of financial service preparations for the World Expo. The inspection was aimed to implement important instructions of State Council leaders, foster a safe, convenient and ...

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