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Anta Sports Products Limited net profits for 2019 jumped 30.3 percent to 5.34 billion yuan (4 million) and earnings reached a record high to about 34 billion yuan, surging by over 40 percent year-on-year, driven up mostly by the growth of its sports brand Anta and fashion sports brand Fila.

Another 84.25 billion yuan was lent to financial institutions through the standing lending facility (SLF) to meet provisional liquidity demand.

Any speculative activity to short the Chinese renminbi will "inevitably suffer from a huge loss", according to Guo, who said short-term volatility of the currency is normal.

Apart from the Supervision Law, the country has also adopted a large number of new laws and amended many others in the past five years.

Another inspiring result in the Trust Barometer report is the score of 92 of the Chinese government in 2019, overtaking all the rest 25 surveyed countries. With the businesses' effectiveness, there is a "perfect combo" reached here, he said.