News

【Insurance】China becomes world´s second largest agricultural insurance market

China has become the world´s second largest agricultural insurance market after the United States, the country´s insurance regulator said on Tuesday.

【Private banks】China to pilot five private banks

China will set up five private banks on a trial basis before the practice is extended to more places, the chief of the country´s banking regulator said on Tuesday.

【Interest rates】China to free deposit rates in coming one or two years

China is very likely to ease its grip on banks´ deposit rate in the coming one or two years, central bank governor Zhou Xiaochuan said on Tuesday.