The authority's monetary policy stance shifted from neutral to easing in the mid-year. As of early December, the central bank has cut the RRR four times for a total of 250 basis points. Benchmark deposit and lending rates have been left unchanged since October 2015.
The big challenge right now, Su explained, is the inefficiency of existing technologies to remove really toxic, yet often diluted contaminants (micropollutants), present at low parts-per-million or -billion levels.
The biggest part of the conversion project is the construction of a 50,000-square-meter factory hall "where only electric vehicles will be assembled," Volkswagen noted. All buildings, including a press, and a body and paint shop, are expected to be completed by summer 2021.
The benchmark Shanghai Composite Index dropped 7.72 percent to 2,746.61 points and the Shenzhen Component Index closed 8.45 percent lower at 9,779.67 points on Monday, with losers outnumbering gainers by 1,438 to 53 on the Shanghai bourse and 2,086 to 99 in Shenzhen.
The bank, as one of the country's big four state-owned lenders, has seen steady growth in its business performance and continuous improvement in its brand value in the first half of this year, according to Liu Liange, president of the BOC.
The average pay of 8,452 yuan per month represents a 5 percent increase compared with last quarter and a 7.9 percent increase from a year earlier, the report said.
沈阳seo排名优化
The automatic parcel sorting system made by Wuxi-based Wayz Intelligent Manufacturing Co. [Photo provided to chinadaily.com.cn]
The automatic production line started operation on Jan 19 after Guangzhou Xingshi Equipments Co Ltd converted one of its lines that made diapers and sanitary napkins, the bureau said.
The attendees included over 20 finance ministers of the approved AIIB members, according to South Korea's finance ministry.
The award was founded by the French Ministry of Agriculture and Sopexa China Agency in 2014, to honor Chinese companies and individuals who have made a special contribution to promoting French cuisine and gastronomic culture in China.