Reverse repos is a process by which central banks purchase securities from banks with an agreement to sell them back in the future.
Risk of digital finance is also elevated, which is especially related to data privacy and fraud, forming new challenges to achieving sustainable and long-term financial inclusion. [Photo/China Daily]
Rolling back red tape and bringing in a streamlined regulatory model have become priorities.
Revenues of central SOEs climbed 0.6 percent year on year to 2.9 trillion yuan (about 4.8 billion) in June, while net profits hit 166.48 billion yuan, up 5 percent, the State-owned Assets Supervision and Administration Commission (SASAC) said at a press conference.
Ruan Jianhong, head of the PBOC's statistics and analysis department, said during a media conference last week: "The situation that we are facing right now is special, and the rebound of the macro leverage ratio is a result of the macro policies that lent support for the epidemic prevention and control and the subsequent economic recovery. We should allow the macro leverage ratio to rise for a certain period, along with the expansion of credit to support the real economy."
Royal Dutch Shell Plc said it would further cooperate with China National Offshore Oil Corp to better serve the growing number of intermediate and performance chemicals customers in the key market of China.
seo优化好吗
Rising external demand has led to an increase in exports during the past six months, while the increasing import volume and price of major bulk commodities including iron ore, crude oil and natural gas also contributed to the boost, according to the administration.
Rowley spoke highly of the achievements that China has made in past years, saying that Trinidad and Tobago would like to enhance cooperation with China to fulfill the dream of development.
Rocketing housing prices, especially in major cities, had fueled concerns about asset bubbles. China's policymakers announced in December that "houses are for living in, not for speculation."
Ringing the bell - New York