Industrial and commercial enterprises continued to take the lion's share of total trust investment in the period, followed by financial institutions, basic industries and real estate.
In this file photo taken on May 3, 2018 a Christie's employee takes a picture of Pablo Picasso's "Le Marin" during a media preview at Christie's in New York. [Photo/VCG]
In this sense, the Chinese banking industry has been evolving from electronic, internet and mobile banks to totally digitalized ones, it said.
Industrial conglomerate Honeywell said on Friday that China is currently the single largest contributor to its global growth and it was committed to expanding business in the country.
Industrial output expanded by 6.2 percent year-on-year in November, up from 4.7 percent for October. Retail sales growth rose to a five-month high of 8 percent year-on-year, versus 7.2 percent a month earlier, the National Bureau of Statistics said on Monday.
Increased online grocery purchasing via Amazon is also worth watching given that the category represents less than 5% of Amazon’s total retail sales, Jefferies noted.
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Infineon is a market leader in semiconductor solutions. In the 2018 fiscal year, its sales amounted to 7.6 billion euros (.48 billion) with about 40,100 employees worldwide.
In what officials described as the largest college admissions prosecution by the Justice Department, wealthy parents are being charged with getting their children into prestigious schools by cheating on college entrance exams and bribing administrators.
Inbound mergers and acquisitions in China could potentially reach .5 trillion over a 10-year period from 2020 to 2029, a recent report said.
Individual leisure flying will keep growing in the years ahead, and that demand is expected to drive the growth of the general aviation sector in China. By 2035, the development of short-distance transportation, business travel and tourism by general aviation aircraft is foreseen to reach the level seen in developed countries.