The case for institutional investors is even clearer. Mutual fund and insurance companies, as well as asset managers, invest heavily in high-dividend-paying stocks so as to secure a regular pile of cash to generate returns for clients.
The blacklisting came on the heels of the US House of Representatives passing a bill on Wednesday that could block Chinese companies from US securities markets.
The capital also reported 15 new suspected cases on Sunday involving inbound travelers.
The biweekly seminar held by the National Committee of the Chinese People's Political Consultative Conference (CPPCC), China's top political advisory body, was presided over by Wang Yang, a member of the Standing Committee of the Political Bureau of the Communist Party of China Central Committee and chairman of the CPPCC National Committee.
The boom in such loans is attributable to huge demand-the market sector was valued at 796.3 billion yuan in China last year, with annual growth of about 20 percent-as well as the hefty cost of the procedures, Ke said.
The carmaker sold 1.06 million vehicles, an annual increase of 1.4 percent, in 2019 when auto sales in the whole country fell 8.2 percent to 25.77 million units.
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The blast was followed by gunshots, and a gun battle continues, the official said, adding 11 people have so far been injured.
The box office of the Avengers movies in China has witnessed exponential growth these years. The previous three movies, The Avengers (2012), Avengers: Age of Ultron (2015) and Avengers: Infinity War (2018), earned 568 million yuan, 1,464 million yuan and 2,390 million yuan, respectively.
The bust was part of a special operation to crack down on a group of gun smugglers using online and express delivery networks. Police said they also seized various firearms, ammunition and accessories.
The campus was on lockdown, Milwaukee Journal Sentinel said, citing Twitter posts from witnesses.