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China’s life insurance premiums are forecast to rise by an average of 15 percent per year in real terms from 2018 to 2019, supported by increasing household income and rising risk awareness, a report from Swiss Re showed.
China-Singapore Suzhou Industrial Park Development Group Co Ltd, a joint venture promoted by the two countries, has received authorities' approval for its initial public offering in Shanghai.
China's treasury cash is held at the PBOC, or the central bank, but commercial banks also look after a part of it in the form of short-term deposits. Eligible commercial banks compete through a tender process for the right to take on the deposits.
China's supercomputing industry has made rapid developments in the past 10 years, Wang Endong, an academician of Chinese Academy of Engineering and the principal scientist of Inspur Group, a domestic leading company in big data services, said.
China's prudent monetary policy will remain neutral this year, with easing or tightening only as appropriate. Deng said moderate inflation will not lead to any tightening of monetary policy this year.
来源：资阳报