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Chinese banks made 12.09 trillion yuan (.72 trillion) in new yuan loans in the first half of this year, and loans for SMEs rose by 25.4 percent from a year earlier, the PBOC reported. The central bank earlier announced a plan to purchase some small business loans and suspend payments of interest and principal of SME loans.
Chinese electric car startup Byton has unveiled the production model of its first SUV, the M-Byte, at the ongoing Frankfurt motor show in Germany. Deliveries of the new vehicle are expected to start in 2020.
Chinese companies have already resumed their work in markets participating in the BRI development. China Railway Construction Corp, one of the country's two biggest rail construction contractors by revenue, reported that it had successfully installed the main steel frame of Lusail Stadium earlier this week for Qatar's World Cup in 2022, in the coastal city of Qatar.
Chinese crime film Bodies at Rest, which focuses on two legal medical experts trapped in hijack, was ranked the third by raking in about 14.81 million yuan on its fourth day of screening.
Chinese authorities have repeatedly emphasized the importance of shifting from traditional economic growth engines to new ones.
来源：资阳报