Innovative measures to boost fixed-asset investment, without spurring debt, are expected by analysts as the key policy tools to stabilize China's economic growth in the coming months.
Net interest margins of China's four largest State-owned commercial banks fell 8 basis points year-on-year on average in the first half of 2019, as a result of the increase in deposit costs triggered by interest rate liberalization and the lowering of lending rates in support of the real economy, bankers and analysts said.
China's financial regulatory body is planning to require "too big to fail" conglomerates to replenish capital and meet new regulatory requirements, a measure to prevent cross-market risk contagion and continually reduce the corporate debt level.
The first half of 2019 has witnessed different profit outcomes among China's top three oil and gas companies, which experts said was mainly due to the profit plunge in downstream refining and chemicals sector dragged by overcapacity and waning demand.
To offset the burden from the added tariffs imposed by the United States on Chinese exports, Shanghai Baolong Automotive Corp has decided to lower its reliance on the US and turn to other global markets instead.
Guangdong's Shenzhen is expected to stir up a new wave of technological innovation which will allow the city to play a bigger role in driving China's high-quality growth.
VADO LIGURE, Italy - Not far from an abandoned industrial site where rusted metal reveals its manufacturing past, the port of Vado Ligure carries the promise of the Italian city's future.
VADO LIGURE, Italy - The Mediterranean port city of Vado Ligure, with a population of some 8,500, might be small in size, but it has an ongoing big construction project on its shore.
VADO LIGURE, Italy - The port in the small Italian city of Vado Ligure is the latest incarnation of strengthened ties between China and Europe.
In 2015, the online peer-to-peer or P2P lending sector was booming in China, with over 3,400 platforms vying to offer financing to small businesses and individuals. Now, their number has shrunk drastically to less than 800.
A friend of mine recently withdrew her investment from a peer-to-peer, or P2P, lending platform. What worried her was the high investment return the platform promised.
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Raymond Zhou
Op Rana
Berlin Fang
Zhu Yuan
Huang Xiangyang
Chen Weihua
