The China Banking and Insurance Regulatory Commission set the bar of net capital for banks' wealth management subsidiaries at no less than 500 million yuan ( million) and 40 percent of the subsidiaries' net assets.
The ChiNext Index, China's NASDAQ-style board of growth enterprises, fell 4.55 percent to close at 2,093.06 points.
The Central Economic Work Conference made it clear that local governments must avoid past simple and unscrupulous practices in dealing with environmental problems.
The China Sports Lottery and the China Welfare Lottery are among the few legal avenues for betting in the country and have generally accrued large amounts of money.
The Cambodian top diplomat said the signing ceremony on Thursday was undoubtedly a piece of concrete evidence that the LMC is moving from strength to strength, saying that although these projects are small, their impact for the sub-region is significant.
The China (Shaanxi)-American Enterprises Innovation and Cooperation Forum aims to attract US hi-tech professionals to work in Shaanxi or bring their innovative projects there. Hundreds of people from the Bay Area business community attended Monday's event.
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The China Banking and Insurance Regulatory Commission will appropriately increase the tolerance for potentially nonperforming loans granted to micro and small enterprises. It will also encourage banks to establish long-term institutions that will lend to small businesses, increase their willingness to lend, and enhance their lending capabilities, said Zhou Liang, vice-chairman of the commission, at a news conference on Friday.
The Chinese embassy in the UK is taking the lead in tailor-making such useful website and videos for Chinese people travelling and living overseas, Fei said.
The Changtai cross-river bridge complex. [Photo provided to chinadaily.com.cn]
The Chinese mainland is willing to deepen cooperation with the Hong Kong and Macao Special Administrative Regions in combating the COVID-19 epidemic and enhance sharing of disease control techniques and experiences, a senior official from the National Health Commission said on Friday.