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أخبار الصين
Chinese banks plan to boost core capital
Eight central financial institutions in China have revealed plans to bolster their capital to support the national economy. These institutions aim to raise approximately 360 billion yuan (around $53.11 billion USD) through issuing "A" shares to entities such as the Ministry of Finance and state-owned enterprises. The goal is to strengthen core capital and improve risk-bearing capacity. This measure is intended to enhance the stability of the financial sector, enable institutions to expand lending, and support economic growth during the 2026-2030 five-year plan period, particularly amid ongoing needs for investment support and technological development.
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