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China's National Climate Center predicts there will be typhoon activity from midsummer to early autumn, with the most expected in the fall. Compared to the past, their landfall and impact routes will be more westward and their intensity stronger. The south and southeast coastal areas need to take special precautions against typhoons, floods, gales and storm surges, the center warned.
China's banking sector will continue to see stable development this year but the banks may face slower profit growth and rising pressure on their asset quality, a report said on Wednesday.
China's Commerce Ministry has responded to the latest move by urging the United States not to insist on unilateralist and protectionist trade practices in disregard of the opposition from China and the international community, warning it that China will not hesitate to fight back at any cost and it is willing to "follow through to the end".
China will support innovation of financial instruments to further expand channels for capital replenishment at commercial banks, looking to ease lenders' capital pressure and improve their ability to serve the real economy.
China's capital of Beijing has unveiled new rules to raise the threshold for home buyers applying for mortgages through housing provident funds, in a bid to continue to step up property regulation.
来源：资阳报