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China's non-financial SOEs have a high rate of leverage. Data from the Chinese Academy of Social Sciences showed that the leverage ratios of financial institutions and non-financial institutions were 21 percent and 156 percent respectively as the end of 2015, the Economic Information Daily reported.
China's civil aviation watchdog is stepping up efforts to keep airlines on schedule amid a midsummer travel peak that coincides with frequent extreme weather, including storms and heavy rain.
China's foreign trade value in the sector totaled nearly .12 billion last year, up 11.55 percent year-on-year.
China's court system concluded 45,000 graft cases implicating 63,000 people in 2016, with 35 former officials at the provincial and ministerial level or above, and 240 at the prefectural level, convicted, according to the work report of the Supreme People's Court.
China's economic recovery continued to gather steam with improving major economic indicators including retail sales of consumer goods, industrial output, the export of goods and the purchasing managers' index for the manufacturing sector. The country has become the only major economy projected by the World Bank to achieve positive growth in 2020.
来源：资阳报