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China has allowed asset investment companies controlled by banks to set up investment plans with debt-to-equity swaps as underlying assets for the purpose of expanding sources of funding for lenders so they can invest in such debt-to-equity swaps.
China has lodged "stern representations" to the US on the issue, Geng added.

China boasts vast resources of onshore and offshore wind energy. It plans to install 30 gigawatt of offshore wind power capacity by 2020, from the 5 GW at the end of 2015, according to the National Energy Administration. It is also readying to build seven large-scale wind power generation plants in Gansu, Hebei, Jilin and Jiangsu provinces, and the Xinjiang Uygur and the Inner Mongolia autonomous regions in 2020.
China has also continued its efforts in toilet revolution in the tourism industry. A total of 22,300 toilets have been built in domestic tourist attractions this year, surpassing the annual target set in a three-year action plan (2018-2020) by 17 percent, Li Hong, director of the ministry's public service department, said.
China has managed to contain the domestic spread of COVID-19 and mitigate the impacts of the epidemic, while its neighbor Mongolia has taken various anti-COVID-19 measures, with no local transmissions or deaths reported so far.
来源:资阳报