China Everbright Group Ltd, one of the largest State-owned financial conglomerates in China, is looking to play a key role in the development of a "green Belt and Road".
First-tier cities in China have been raising mortgage rates for homebuyers toward the maximum 20 percent since the Chinese New Year began on Feb 16, indicating potential credit problems for real estate buyers.
BEIJING - Demand from the Asia-Pacific region is powering the eastward shift of the global civil aviation industry, said the International Air Transport Association late last month.
"Rural deliveries in China aren't easy," said Yang Guoping, a village postman in Hanggai township, Anji county, East China's Zhejiang province, since 1992.
The Chinese New Year that began on Feb 16 is likely to see some major retail stocks gaining momentum, having made substantial gains last year, market mavens said.
China's automobile-related electric battery segment is poised for a shake-up in the next three years, partly due to the persistent excess capacity, experts said.
It's Lantern Festival eve, and three long lines of people have formed along the west side of the Beijing street Niujie, and across the road there are two more.
China should regulate market access to the payment industry more strictly to help prevent financial risks, said Ge Huayong, chairman of China UnionPay and a member of the country's top political advisory body.
The Chinese government urgently needs to establish a coordination and communication mechanism between the helicopter industry and other sectors to protect the growth of the domestic helicopter industry, an expert said.
China's effort to cut overcapacity in steel and coal is expected to face its most difficult challenge this year, although the target may look small compared with the previous two years, analysts said.
China should strengthen its natural gas storage and transportation facilities to cope with the higher consumption of clean fuel as the government strives to curb air pollution in the country, a top industry official said.
China's latest move to lower the regulatory requirement on the ratio of allowance for loan impairment losses to nonperforming loans will encourage commercial banks to classify bad loans more accurately and to step up the disposal of distressed debt, researchers said.
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