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As of the end of May, the balance of nonperforming loans at commercial banks hit 1.9 trillion yuan, up from 1.7 trillion yuan at the end of 2017. [Photo/VCG]
As local governments are encouraged to issue more special bonds next year, financing for infrastructure construction will speed up, which will be a key measure in implementing the proactive fiscal policy, he added.

As per the communiqué, a total of 2.21 trillion yuan (4.26 billion) of R&D funds were invested in the Chinese mainland in 2019, an increase of 246.57 billion yuan or 12.5 percent over the previous year.
As many aspects of the world's economic and social environment have been hit by COVID-19,Fahad Alturki, from KAPSARC in Riyadh, said major economies, such as those in the G20, must strengthen unity and cooperation as that could release powerful signals of joint response to support both developing economies and the least-developed countries.
As of Sunday, The White Storm 2 had grossed more than 400 million yuan ( million) in box office receipts, far surpassing the 240 million yuan earned by the first film in 2013.
来源:资阳报