Stable growth expected amid inflation--China Economic Net en.ce.cn - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from en.ce.cn Daily Mail and Mail on Sunday newspapers.
In Depth: As Southeast Asia Racks Up Oil and Gas Deals, China Sits on the Sidelines - Issues such as the transition to clean energy and tensions between Beijing and Washington have made once active Chinese SOEs wary of buying assets abroad
China s decision to provide more impetus to the growth of its central region will help the nation sustain high-quality development, narrow the regional divide and facilitate the economy s transformation in a greener and low-carbon direction, according to analysts.
A meeting of the Political Bureau of the Communist Party of China Central Committee, the Party s core leadership, reviewed on March 30 a policy document on promoting the high-quality development of the country s central region in the new era.
The meeting, presided over by Xi Jinping, general secretary of the CPC Central Committee, urged the region to develop a modern industry system underpinned by an advanced manufacturing sector, strive for green development, work toward high-quality opening-up, and enable more coordinated growth between urban and rural areas.
China s decision to provide more impetus to the growth of its central region will help the nation sustain high-quality development, narrow the regional divide and facilitate the economy s transformation in a greener and low-carbon direction, according to analysts.
Asset quality of State banks to remain stable By JIANG XUEQING | China Daily | Updated: 2021-04-01 09:05 Share CLOSE The Industrial and Commercial Bank of China booth at an expo in Guangzhou, Guangdong province. [Photo by Fang Jie/For China Daily]
The credit risk of China s large State-owned commercial banks may increase slightly but their asset quality will continue to remain stable this year, experts said. Holding expectations for China s strong economic growth (this year), the recovery of production and operations of domestic enterprises will speed up. As a result, temporary problems with capital turnover brought by the COVID-19 pandemic will be eased, said Wang Jingwu, vice-president of Industrial and Commercial Bank of China Ltd, the country s largest State-owned commercial lender by assets.