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"China looms very large in the scheme of things for everything that goes on in the world. If you don't have a relationship with China, there is not much of an ability to do anything," Pardy said in the letter.
"China is able to meet its full-year GDP growth goal of 6 percent to 6.5 percent this year," Zhu Jianfang, CITIC Securities chief economist, said at the monthly China Macroeconomy Forum in Beijing. "Considering the previous supportive policies, it is possible to see the economy stabilize in the next quarter."
"China always highly values the opening-up of its service sector and the development of service trade," said Zhao Wen, a member of the Standing Committee of the Chinese People's Political Consultative Conference National Committee. "Digital trade has become a new trend of the country's service trade."
"China has been pushing the digital Silk Road and sharing the benefits brought by digital transformation," said Lin Nianxiu, deputy director of the National Development and Reform Commission. "We have signed cooperation agreements with over 16 countries in the building of the digital Silk Road, and launched the Belt and Road Digital Economy International Cooperation Initiative with seven countries."
"By making this adjustment, the regulator hopes that banks will fully expose their non-performing loans and truly disclose their risk situation with more accurate capital adequacy ratios and coverage ratios of allowance for loan impairment losses to NPLs. It will be favorable for them to write off and resolve bad assets," said Xiong Qiyue, a research fellow at the Institute of International Finance at Bank of China Ltd.
来源：资阳报