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As the central bank tries to avoid the excessive deceleration of the economic growth, China may see lower interest rates in the long run and therefore provide a solid foundation for bond markets. Bond prices go up when interest rates drop.
As the investigation over a recent deadly road collapse continues, an expert warns that more such accidents may happen because of the country's increasingly aging underground pipe network if precautionary measures are not taken in a timely manner.
As reported by Shanghai Securities News, Shanghai Shangfei Plane Equipment Manufacturing Co Ltd is one of the first companies to submit its listing intention to the Shanghai Municipal Commission of Economy and Informatization. Successful listing on the science and technology innovation board will help the company to integrate resources, perfect its industrial chain and expand its production capacity, said Shangfei.
As the epidemic wanes and policy support intensifies, loan issuance is expected to soar 80 percent in 2020, which is enough to support 1 million individual businesses and 10,000 small and micro-firms, up 43 percent and 52 percent from last year, respectively, the MOF said.
As the novel coronavirus spread across the world, the smartphone industry is undergoing more uncertainties and more severe market competition than before. Although the epidemic has had negative impact on smartphone sales at the beginning of 2020, vendors still hold positive market expectations and are betting big on 5G — the industry's new engine of growth.
来源：资阳报