Risk of digital finance is also elevated, which is especially related to data privacy and fraud, forming new challenges to achieving sustainable and long-term financial inclusion.
Roughly 73 percent of applicants get loan approvals on their first attempt, and 80 percent of them don't have a credit history in other financial institutions to gauge, Hu said.
Road tests for self-driving vehicles are available in more than 20 provinces and cities in China. Companies such as SAIC Motor, BMW, Didi Chuxing and DeepBlue Technology have obtained authorization for passenger-carrying tests.
Richard Burn, Her Majesty's Trade Commissioner for China, said:"UK-China bilateral trade links have never been stronger – in 2017 UK-China bilateral trade expanded by 15.1 percent to reach a record 67.5 billion poulds, whilst UK exports of goods and services to China grew by 28.5 percent.
Retail sales of consumer goods climbed by 4.3 percent year on year to 3.86 trillion yuan (4.5 billion) last month, quickening from the 3.3-percent gain in September, according to data released by the National Bureau of Statistics (NBS).
Rising financing costs and trade tensions could bring challenges to the future's infrastructure financing, which requires more fund from the private sector to join the investment projects, said the bank's President Jin Liqun at a press conference in Beijing on Tuesday.
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Reyer understood the basics of aerodynamic flight, trusted the training of the flight crew, knew aviation's safety record, but refused to board a commercial flight. This meant long drives for the family vacation — and eye-rolling from his wife and children.
Richard Crump, managing director of Pelican, said: "It has been a pleasant journey to work together with Yutong and we have full trust in its capabilities and designs. We have had one vehicle on the road in the UK for 12 months, which had zero mechanical issues. That's because of Yutong's technology and its experience in this market."
Rising prices of chemical products boosted profitability of the chemical industry, with 91 companies expecting profit growth, ranking the first, followed by 71 companies in machinery manufacturing and 68 companies in electronics.
Retail banking, which includes digital payments and consumption functions used in various scenarios, should become the cornerstone of the lender's personal finance segment, he said.