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China will step up efforts to ease market restrictions over foreign investment. [Photo/chinadaily.com.cn]
China will fully open the manufacturing sector and treat foreign companies in the same way as their Chinese counterparts, the country's top industry regulator said on Monday.
China's agriculture and food system is less dependent on the international market compared with other sectors, with both its export share of the entire output and its import share of the entire demand below 5 percent. As a result, employment in the agriculture-food system is about to return to normal even without a complete recovery of the import and export trade, said the report.
China's biggest chipmaker Semiconductor Manufacturing International Corp debuted on the STAR Market on July 16. It managed to raise .6 billion from the listing, while seeing its price more than triple on the first trading day.
China's banking sector has maintained a relatively strong risk resistance capacity by increasing the appropriation of impairment losses on loans. Banks appropriated 1.4 trillion yuan of impairment losses on loans during the first eight months, up by 261.5 billion yuan year-on-year. The level of allowance for loan impairment losses to nonperforming loans of the banking sector stood at 176.5 percent, while its NPL ratio rose by 0.11 percentage point from the beginning of this year to 2.14 percent at the end of August, according to data from the CBIRC.
来源：资阳报