Dong XimiaoAssociate Dean of Chongyang Institute for Financial Studies at Renmin University of China.
Expertise : Commercial Bank; Financial Reform
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Dong Ximiao is Associate Dean of Chongyang Institute for Financial Studies at Renmin University of China. He is Former Executive Dean of Research Institute of Hengfeng Bank, observer of Retail Banking, renowned commentator on finance and economics, Senior Economist and Financial Planner. He owns many years experience of banking and has served as managers in provincial branches of some large-scale commercial banks. He presented the concept of the Vast Retail Banking completely, did some research and published many articles about that. Currently his book Interesting Finance just published.
Nod to new lender is a shot in the arm for China's private banks
The China Banking and Insurance Regulatory Commission (CBIRC)'s nod to the Jiangxi Yumin Bank makes it the first private bank in eastern Jiangxi Province and the 18th private bank in China. ...2019-06-11
Small enterprises get a shot in the arm as China lowers reserve requirements
China's central bank's new cut in the reserve requirement ratio (RRR) for small and medium-sized banks will boost supply-side structural reform in the financial sector at a time when the economy is slowing down in its transition from high-speed growth to high-quality development, market experts said....2019-06-04
China boosts targeted support for private sector
Qu Ronghua, general manager of Taizhou Infinite New Energy Technology Co (Zhejiang), never expected he could use patents as collateral for a bank loan....2019-06-03
China steps up support for SMEs via structural tools
China announced a targeted cut in reserve requirement ratio (RRR) in its latest attempt of using structural tools rather than an across-the-board stimulus to help cash-strained small businesses. ...2019-05-08
Nationality inclusion in China's credit system means equal treatment for foreigners
China's credit reporting system has not yet included information on utility payments, which was heatedly discussed online in recent days, as more effort is needed to address problems like data accuracy, an official said Monday....2019-04-23
Individual investors scramble to buy local government bonds
The Ministry of Finance (MOF) has approved the sale of local government bonds directly to individuals as well as small and medium-sized institutional investors at commercial bank counters, triggering massive investor enthusiasm....2019-04-18
China's credit database needs clear standards, rules
China's soon-to-be-released version of personal credit reports, which will cover almost every aspect of daily life, including overdue water and phone bills, has sparked heated discussion online, as many question the standards involved and provisions for data protection. ...2019-04-10
Social credit to become ‘second ID, invisible resume’ for Chinese people
China is set to release an updated version of its personal credit report as part of the country's broader efforts in strengthening its social credit system. The report, which will cover almost every aspect of daily life including overdue water and phone bills as well as spouse information, will become a "second ID and invisible resume" for citizens, analysts said....2019-04-08
"2016: G20 and China"
This book from the "history" of the G20's past and present, a comprehensive discussion of the G20's origin and role, agenda,