The bill raised US tariffs on over 20,000 imported goods. It was signed by then US President Herbert Hoover and has been seen by many as exacerbating the US recession into a worldwide depression.
The bank's management said concerted efforts have been made to expand loans for small and micro-sized enterprises while reducing costs. Meanwhile, it has substantially reduced the ratio of non-performing loans.
The battery-less luggage tag allows passengers to complete the baggage check-in process at home or on their way to the airport through an application on their mobile phones. [Photo provided to chinadaily.com.cn]
The bank will continue to strengthen the efforts for credit management and the disposal of bad loans to reduce the NPL ratio this year.
The average price of intermediate material alumina, the oxide of aluminum, reached 2,682 yuan per ton, up 45 percent year-on-year.
The bank collects donated products-usually food items close to their "best before" dates from supermarkets and producers or excess from restaurants - before redistributing them to the needy who live in the vicinity.
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The average return on assets (ROA) for the 109 listed Chinese companies stood at 1.65 percent, far lower than that of their US counterparts, according to Liu.
The authorities said Zhang was not actually detained, citing an unspecified health condition.
The author is a professor on public management at Hainan University.
The biggest advantage for the Chinese tech companies is the tremendous Chinese market behind them, he said.