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The banking and insurance regulator also noted that the Shandong provincial government is accelerating efforts to implement a comprehensive reform of Shandong-based Hengfeng Bank Co Ltd, also known as Evergrowing Bank Co Ltd. The bank moved its headquarters from Yantai, a coastal city in Shandong, to the provincial capital, Jinan. Currently, it is running stably with ample liquidity, the regulator said. Regulatory authorities will keep guiding the bank to step up risk management and strengthen operation with compliance, said the CBIRC.

The bank's board of governors decided to hold its fifth annual meeting in Beijing on July 2-3, 2020.

The bank said in a statement issued on Friday that the results of an environmental inspection it conducted before the office was put into use in July last year were up to standard.

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The auto industry has called on the UK government to outline its Brexit plans and ensure barrier free trade with the EU.

The association estimated that sales for the entire year will fall 10 to 20 percent from 2019.

The average debt ratio for central SOEs stood at 66.3 percent by the end of 2017, down 0.4 percentage point from the beginning of the year. Sixty-two of these big companies have managed to lower their debt ratio in comparison with the previous year and 40 of them saw this figure fall by more than 1 percent.

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The battery pack is the most expensive component of an electric car, accounting for around half of a car's total cost. Baas slashes electric cars' price tags by up to almost 20 percent and is thus expected to make them more competitive compared with gasoline cars.

The authorities have also taken a number of targeted measures to improve its liquidity management tools, Yi noted.

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The audience of reading promoter Huang Xiaofeng grew from just two children to more than 2,000 in 11 years. "It was a tough start," Huang said.

The author, who retains an interest in soccer as director of the Football Federation Australia, did not complete his first degree at Edinburgh University, but started out as a business analyst for Lloyds Bank in the 1980s in London.