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The autonomous region, which will mark its 60th anniversary this December, reported a 2.67 million rural population living in poverty at the end of 2017, down from 21 million in 1978, according to the latest government data.

The aviation, airline, tourism and hospitality industries have been significantly affected by the changes in business travel, he said, adding that nearly all global destinations experienced travel restrictions in the second quarter of this year.

The bank is also proactively looking at opportunities in digital banking and nonbank financial institutions.

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The bill would require that 60 percent of a loan be used on payroll, instead of 75 percent -- a current stipulation that frustrates businesses like restaurants, which are grappling with high overhead costs.

The billionaire entrepreneur said Tesla is about three years away from starting production in China and will not make any significant capital expenditure until 2019, Bloomberg reported on Thursday.

The average asset-liability ratio for central SOEs stood at 65.9 percent by the end of March, down by 0.4 percentage points compared with the beginning of this year, according to the State-owned Assets Supervision and Administration Commission (SASAC).

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The benefits will be divided into different levels based on the veteran's contribution while in service, the ministry said.

The banking sector's NPLs remain generally stable at present, said Wang Jun, a chief economist at Zhongyuan Bank.

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The biggest mistake we’ve made so far: “We should have embraced Facebook login earlier. We were worried about all those privacy concerns people were talking about, but our customers preferred not having to create a new account. Yes, it is good to save customers’ time.”

The bank will always stick to the principle of extensive consultation, joint contribution and shared benefits as it seeks future expansion, Jin Liqun, who has just been elected to a second term as the AIIB president, told Xinhua in an exclusive interview.