BUSINESS China to enhance mainland-Macao financial cooperation


China to enhance mainland-Macao financial cooperation


11:47, December 25, 2019

BEIJING, Dec. 20 (Xinhua) -- China's banking and insurance regulator Friday unveiled a raft of policies to increase financial cooperation between the Chinese mainland and Macao.

Macao banks are encouraged to set up branches in the mainland, and mainland insurance capital can invest in Macao, the China Banking and Insurance Regulatory Commission said in a statement.

Mainland financial lease firms will get support in expanding into Macao, the statement said.

Related Stories

Terms of Service & Privacy Policy

We have updated our privacy policy to comply with the latest laws and regulations. The updated policy explains the mechanism of how we collect and treat your personal data. You can learn more about the rights you have by reading our terms of service. Please read them carefully. By clicking AGREE, you indicate that you have read and agreed to our privacy policies

Agree and continue