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BEIJING - The State Council, China's cabinet, has issued a circular detailing a pilot reform program for cutting the approval time for starting construction projects to improve the business environment and cut red tape.
BEIJING -- A total of 105 million Chinese tourists traveled around the country during this year's three-day Mid-Autumn Festival holiday which started Friday, the Ministry of Culture and Tourism said Sunday.
BEIJING - Tingting Jiejie (Sister Tingting), a music label which composes Chinese poetry into music and sings them to children, has announced a 50 million yuan (.8 million) series A funding earlier this month, after obtaining 22 million yuan from angel investors last year.
BEIJING -- China will step up the establishment of a credit-based market regulation mechanism to stimulate acts of good faith and punish acts of bad faith.
BEIJING - The outstanding aggregate financing to the real economy (AFRE) reached 280.07 trillion yuan (.54 trillion) at the end of September, up 13.5 percent year-on-year, according to the People's Bank of China. Specifically, outstanding RMB loans to the real economy hit 168.26 trillion yuan, up 13.2 percent year-on-year and outstanding foreign currency-denominated loans to the real economy (RMB equivalent) were 2.35 trillion yuan, up 7.7 percent year-on-year. Outstanding entrusted loans registered 11.13 trillion yuan, down 5.1 percent year-on-year, and outstanding trust loans were 7.03 trillion yuan, down 8.5 percent year-on-year. Outstanding undiscounted bankers' acceptances recorded 3.9 trillion yuan, up 18.7 percent year-on-year. Outstanding corporate bonds registered 27.39 trillion yuan, up 20.6 percent year-on-year and outstanding government bonds reached 44.46 trillion yuan, increasing 20.2 percent year-on-year. Outstanding domestic equity of non-financial firms amounted to 7.97 trillion yuan, increasing 10 percent year-on-year. By structure, outstanding RMB loans to the real economy accounted for 60.1 percent of the total AFRE at the end of September, decreasing 0.1 percentage points year-on-year.
来源：资阳报