Xiamen regulators urge lenders to tighten loan checks

Banking regulators in Xiamen, a port city in East China's Fujian province, have stepped up checks of consumer loans and personal business loans offered by commercial banks to prevent funds from flowing into the housing sector in violation of regulations.

Companies urged to hike spending on cybersecurity

Chinese companies' spending on cybersecurity is almost a quarter more than the global average, according to a survey by global consultancy firm PwC.

BMW AFC CEO expresses confidence in Chinese market

The financial arm of German auto company has laid the foundation for providing better services and supporting climbing sales, with a continually growing number of employees that always keep the customers in mind.

Drone crash shows India still behaving recklessly

China's military voiced strong indignation on Thursday to the recent crash of an Indian unmanned aerial vehicle on the Chinese side of the border where there was a standoff between Chinese and Indian troops in the summer that lasted for more than two months. No further details have been given about the UAV or when it crashed, but as well as operating domestically developed drones, India agreed to buy state-of-the-art combat drones from Israel in the summer, having already deployed Israeli surveillance drones along the border.

Potential risks in financial system are being addressed

China's central bank expressed confidence in the stability of the country's financial system on Thursday after an assessment report by the International Monetary Fund highlighted potential risks.

Timetable for ban on 12 pesticides must be backed up by action plan

THE MINISTRY OF AGRICULTURE announced on Monday that it has drawn up a timetable to ban use of 12 highly toxic pesticides within five years. Legal Daily commented on Thursday:

Training delivery riders can reduce accidents

THE MINISTRY OF PUBLIC SECURITY and the Ministry of Transport, together with five other ministries, have launched a national traffic safety activity that will last until the end of December. As part of this, they have asked fast food delivery companies to train their delivery riders. Beijing Youth Daily comments:

Efforts to help poor should be better evaluated

ACCORDING TO REPORTS, many officials of a city in the Inner Mongolia autonomous region were mobilized to welcome colleagues from neighboring cities that were visiting to evaluate their poverty alleviation work. Beijing News comments:

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Trump's Jerusalem move perilous

Editor's note: US President Donald Trump recognized Jerusalem as the capital of Israel on Wednesday, sparking a debate on what the United States will gain from a decision that leaders of many countries, including Washington's allies in the West and the Middle East, have warned against and could lead to protests and violence. Three experts share their views on the issue with China Daily's Zhang Zhouxiang and Cui Shoufeng. Excerpts follow:

Tycoons should be wary of sensitive comments

"It is painful to earn (only) 2 billion yuan ($302 million) a month," sighed Jack Ma, president of Alibaba, China's e-commerce giant, at a gathering of entrepreneurs in Hangzhou, his hometown in Zhejiang province, last week.

A new channel for mutual understanding

Thanks to President Xi Jinping, also general secretary of the Communist Party of China Central Committee, the CPC has placed emphasis not just on government-to-government contacts but also interactions between the CPC and the political parties of other countries.