The report noted that Davis' remarks came as major testing companies "are already struggling to keep up with demand at a time when 5.5 million tests are being conducted each week."
The report said the bank has granted loans to companies from Macao, the Chinese mainland and overseas to develop programs in Vietnam, Singapore, Saudi Arabia, Pakistan, Israel, Indonesia, Myanmar, the United Arab Emirates, etc.
The relatively low cost of large-scale land use in the Gobi desert, as well as government financial support, have also encouraged large firms to start their Gobi farming pilot projects in Gansu, forming a promising partnership of government, enterprises, cooperatives and local villagers.
The report came as Texas Governor Greg Abbott on Tuesday urged people to stay home after the state reached another high in its daily number of COVID-19 cases.
The report said that since 18 countries signed the Trans-Asian Railway Network agreement in 2006, progress has been made gradually. Railways in Kunming will now extend east to Laos, Cambodia and Vietnam, and eventually head west through Myanmar to India.
The report also noted Amazon's lack of warranty coverage on the software on its e-book reader Kindle.
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The remarks were made recently at the launch ceremony of 50 Typical Cases of Targeted Poverty Alleviation by Chinese Enterprises, an industry report jointly released by The State Council Leading Group Office of Poverty Alleviation and Development as well as the Research Center for Corporate Social Responsibility under the Chinese Academy of Social Sciences.
The regulation will go into force on June 1.
The regulator reportedly stressed that banks should ensure that they acquire first-hand, original transaction data from the borrower and its partner that helps enhance its credit. Banks should also adhere to comprehensive risk surveillance by monitoring risks associated with not only the lead company in a supply chain, but also companies in the upstream and downstream of the supply chain, according to the CBIRC.
The report shows that "sentiment among companies has weakened markedly recently," which is partly attributed to the "growing uncertainty over economic policy in the US".