The registered capital of the FTZ reached a total of 1.4 trillion yuan (9 billion), said Yang Maorong, head of the Binhai New Area at the ongoing local legislative session.
The region, which has seen frequent terrorist attacks in the past, will continue to strike hard against terrorist and religious extremist activities in accordance with the law, Bahargul Smat, head of the Xinjiang Uygur Regional People's High Court, said while delivering the court's work report at the annual session of the Xinjiang Uygur Regional People's Congress on Wednesday.
The regional GDP has grown to 1.09 trillion yuan (7.8 billion) in 2017 from 753 billion yuan in 2012, with an average growth rate of 9 percent. Despite the economic growth, the unbalanced development between southern and northern Xinjiang remains obvious, Shokrat said.
The regulator granted a transitional period of 12 months starting on Friday. During this period, commercial banks are still allowed to issue existing structured deposits but should strictly control the size of existing products and reduce them in an orderly way. This is to ensure that the market impact will not be huge, he said.
The report released by the association cited that besides rapid replacement, the lack of disposal channels results in low trading volume of the second-hand new energy vehicles.
The relatively lower interest rates in the US and the EU have triggered capital inflows into Asian countries. In order to maintain stable capital inflows, the rest of the world has to cut interest rates, if the Fed cuts the policy rate afterward, said Yoshino, citing Japan's recent monetary easing as an example.
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The regional clusters which include Beijing-Tianjin-Hebei area and the Pearl River Delta are major sources of investment.
The remarks by Canadian politicians "have confounded violent crime with peaceful rallies and ignored the Hong Kong police's efforts to punish violence according to law," an unnamed spokesperson for the office said in a statement.
The reply: "Nobody would consider you dumb if you did not speak."
The report said industry insiders predicted banks' credit funds are likely to flow more to advanced manufacturing industry, inclusive finance, small and micro enterprises. In addition, in the retail business, banks may lend more credit resources to credit card and consumer finance to improve return on assets.