What does it mean that real profit growth exceeds the financial industry?
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What does it mean that real profit growth exceeds the financial industry?

Recently, a report by the China Securities Research Institute of Finance showed that from the 2020 annual report of listed companies, non-financial listed companies will achieve a net profit of 1.88 trillion yuan in 2020, an increase of 4.91% year-on-year, which is 3.73 percentage points higher than that of listed companies in the financial industry. The proportion of profits in all listed companies rose from 46.29% in the previous year to 47.18%.

The first "Financial Support Green Technology Annual Conference" was held in Beijing
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The first "Financial Support Green Technology Annual Conference" was held in Beijing

   China News Service, Beijing, May 17 (Reporter Xia Bin) "2021 (First) Financial Support Green Technology Annual Conference" was held in Beijing on the 16th. A number of academicians and green technology experts, investors and researchers from nearly a hundred institutions conducted in-depth discussions on the theme of "Green Technology Innovation under the 30·60 Target". At the meeting, the financial support green technology platform was announced. In the future, the annual meeting will create a normalized mechanism for the exchange and docking of green technology and financial resources.

China's financial data fell in April, experts say financial support for the real economy continues
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China's financial data fell in April, experts say financial support for the real economy continues

China News Agency, Beijing, May 12 (Reporter Xia Bin) The April financial data released by the People's Bank of China on the 12th fell: the balance of broad money (M2) was 226.21 trillion yuan (RMB, the same below), an increase of 8.1% year-on-year. The growth rate was 1.3 and 3 percentage points lower than the end of the previous month and the same period last year, respectively; RMB loans increased by 1.47 trillion yuan, 229.3 billion yuan less than the same period last year; social financing increased by 1.85 trillion yuan, compared with the same period last year 1.25 trillion yuan less.

Europe's largest commercial bank plans to establish a foreign brokerage company in Lujiazui, Shangha
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Europe's largest commercial bank plans to establish a foreign brokerage company in Lujiazui, Shangha

China-Singapore Net Sea, May 11 (Reporter Li Shuzheng) On the afternoon of the 11th, the Shanghai Free Trade Zone Lujiazui Administration Bureau signed a strategic cooperation memorandum with Bank of France and Interactive Brokers respectively to support Bank of France and Interactive Brokers to establish foreign investment in Lujiazui Brokerage.

Sichuan banking institutions have issued a total of 640.5 billion yuan in financial targeted poverty
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Sichuan banking institutions have issued a total of 640.5 billion yuan in financial targeted poverty

Xinhua News Agency, Chengdu, April 30 (Reporter Hu Xu) The reporter learned from the Chengdu branch of the People’s Bank of China that as of the end of 2020, the Chengdu branch of the People’s Bank of China has issued a total of 42.3 billion yuan in poverty alleviation loans, guiding banking institutions to issue a total of 640.5 billion yuan in financial targeted poverty alleviation loans. The balance of financial targeted poverty alleviation loans was 414.6 billion yuan, providing solid financial support for Sichuan’s overall victory in poverty alleviation.

29 Shenzhen Fintech Application Pilot Projects Go Online
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29 Shenzhen Fintech Application Pilot Projects Go Online

China News Service, Shenzhen, April 29 (Zhu Zuying) Party Secretary and President of the Shenzhen Central Branch of the People's Bank of China (hereinafter referred to as "Shenzhen People's Bank"), Xing Yujing, said on the 29th that as of the end of March 2021, there are 29 in Shenzhen The financial technology application pilot projects have all been put into operation.

Guangdong's green loan balance broke the trillion yuan mark for the first time
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Guangdong's green loan balance broke the trillion yuan mark for the first time

China News Service, Guangzhou, April 27 (Tang Guijiang, Deng Weiping, Cai Xiaolin) A reporter learned from the Guangzhou branch of the People’s Bank of China on the 27th that the latest statistics show that as of the end of March 2021, Guangdong’s green loan balance reached 1106.2 billion yuan (RMB, the same below) , A year-on-year increase of 37%, breaking through the trillion yuan mark for the first time, marking a new level of development in Guangdong’s green finance.

Beijing Financial Court "one-stop" to resolve the first financial, civil and commercial case
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Beijing Financial Court "one-stop" to resolve the first financial, civil and commercial case

   China News Service, Beijing, April 27th (Reporter Yu Lixiao) On the 26th, the Beijing Financial Court successfully resolved a dispute over a financial loan contract with a value of over 220 million yuan through a "one-stop" financial diversified dispute resolution mechanism. This is the first financial, civil and commercial case successfully resolved through the "one-stop" financial diversified dispute resolution mechanism after the establishment of the Beijing Financial Court.

Guangxi "Guihui Loan" helps companies solve financing problems and benefits 26,000 market entities
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Guangxi "Guihui Loan" helps companies solve financing problems and benefits 26,000 market entities

Chinanews.com, Nanning, April 23 (Reporter Yang Zhixiong and Huang Yanmei) Li Yucheng, deputy director of the Guangxi Zhuang Autonomous Region Local Financial Supervision Bureau, introduced on the 23rd that in the first quarter of this year, Guangxi financial institutions accumulatively allocated RMB 75.242 billion in "Guihui loans" to the entire region A total of 64 financial institutions have implemented "Guihui Loans", benefiting 26,000 market entities, covering large, medium, small and micro enterprises, small and micro business owners, individual industrial and commercial households, and new agricultural business entities.

The start of the Fujian-Guangdong power grid interconnection project will improve the energy securit
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The start of the Fujian-Guangdong power grid interconnection project will improve the energy securit

   China News Service, Guangzhou, April 23 (Wang Hua and Lan Wang) The mobilization meeting for the start of the Fujian-Guangdong (power grid) interconnection project was simultaneously held on the 23rd in Meizhou, Guangdong and Zhangzhou, Fujian. This project is an important project for deepening cooperation between Guangdong and Fujian provinces, and is also the second interconnection project of China Southern Power Grid and State Grid. It will improve the energy security capabilities of the Guangdong-Hong Kong-Macao Greater Bay Area.

Overall balance of power supply and demand in China in the first quarter
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Overall balance of power supply and demand in China in the first quarter

   China News Service, Beijing, April 23 (Reporter Yan Xiaohong) The China Electricity Council (hereinafter referred to as China Electricity Council) released on the 23rd a report on the analysis and forecast of the national power supply and demand situation in the first quarter of 2021: the overall balance of power supply and demand in China in the first quarter. It is expected that the growth rate of electricity consumption in the whole society in 2021 will significantly exceed the previous year.