The growth of M2, a broad measure of money supply that covers cash in circulation and all deposits, rose 9.2 percent from a year earlier by September, slightly up from a historic low of 8.9 percent in August, mainly due to a decline in interbank wealth management products, PBOC data showed.
The guideline also listed eight measures to protect the legitimate interests of foreign investors, prioritize fully implementing the Foreign Investment Law — due to take effect on Jan 1 — and pledge to step up efforts to formulate related judicial interpretations.
The graduation ceremony could not have looked more American: a grand wood-paneled theater, beaming students in caps and gowns, a valedictorian speech and even dancers in leotards.
The hardline stance is set to continue as senior leaders agreed to maintain the resolute crackdown on irregular and illegal activities in the financial sector to forestall risks.
The guideline, however, does not totally prohibit production of more petrol vehicles.
The government's tax income reached 15.64 trillion yuan, an 8.3 percent rise from a year earlier. The growth pace slowed down from 10.7 percent in 2017, according to the ministry.
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The growth of the tourism sector has created more than 570 jobs-employing about 23 percent of Biasha's population.
The group estimates China will have a better performance than Europe and the United States this year. It forecast that light vehicle production will decline 24 percent worldwide; 32 percent in Central and North America and 24 percent year-on-year in Europe.
The group's overseas assets jumped from 3 billion yuan (2 million) in 2013 to 34 billion yuan in 2017. It currently employs 57,000 people across its overseas operations, compared with 509 in 2013.
The high-speed train has made it so much easier to maintain the long distance relationship, she said.