The reason for its internationalization strategy is obvious. By July, major Chinese cities had reached a saturation point. There were up to 70 bike-sharing brands with 16 million cycles on the roads for a customer base of about 130 million, according to data from the Ministry of Transport.
The rapid rise in debt, rather than overall debt, has caused concerns, he said.
The quality of listed firms has become more important as the Chinese economy will place heavier reliance on direct financing rather than bank lending, said Dong Dengxin, a finance expert with the Wuhan University of Science and Technology.
The real economy of the country has registered good performance as expected since the start of this year with manufacturing purchasing managers' index (PMI) coming at 51.5 in March, the strongest level this year, an article from the commission said.
The public can report misconduct by phone at 010-89061396 and 010-89061397, he said. Channels will be opened on other platforms, including WeChat.
The rapid growth of specialty-coffee shops in Shanghai in recent years indicates the market's progress. [Photo provided to China Daily]
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The rail line, which will stretch about 92 kilometers, is the first major transportation project involving Xiongan since its establishment in April, according to the contractor, Beijing-Shenyang Railway Passenger Transport Beijing-Hebei Co.
The quake struck Lombok in the early evening at a depth of 10 km (6 miles).
The prosecutors have informed all three defendants of their litigation rights and listened to their lawyers' opinions, according to the SPP.
The proposal is open for public feedback.