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China said on Friday that it will take "immediate" tariff measures of "equal scale and strength" in response to the decision of the US government to impose tariffs on about billion of Chinese goods. [Photo/VCG]
China started a pilot program for non-performing asset securitization in 2016, allowing five State-owned banks and China Merchants Bank to repackage non-performing assets into securities to meet the demand of investors with different risk preferences.
China leads the regional cooperation and the integration of Asia, with its Belt and Road Initiative strengthening intra-and intercontinental ties, said Shamshad Akhtar, under-secretary-general of the United Nations.
China is willing to continue to play a constructive role in the process, the spokesperson stressed.
China today possesses the core technology for almost all advanced rail transportation equipment in the world, and the average cost of high-speed railways built by Chinese companies is about half of that by foreign counterparts, while the construction efficiency is much higher, said Ding Rongjun, an academician from the Chinese Academy of Engineering in Beijing.
来源：资阳报