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Chinese electric vehicle startup Nio's ES8 SUV is displayed at a flagship store in Hangzhou, Zhejiang province. [Photo provided to China Daily]
Chinese regulators are exploring more channels to raise banks' capital adequacy ratio, as the average level for that has been falling, and they are required to shift off-balance-sheet lending back onto the books, even as bad assets are increasing amid the economic slowdown.
Chinese genomics giant BGI, previously known as Beijing Genomics Institute, officially confirmed on Wednesday that the company will not pay compensation for a boy with mental disabilities and physical deformities in Hunan province.
Chinese authorities announced on Monday that they will increase Hainan's annual tax-free shopping quota to 100,000 yuan (about ,142) per person each year from the current 30,000 yuan for travelers. They will also expand the categories of duty-free goods, fueling market expectations for the consumption of luxuries.
Chinese business companies have stood firmly behind African countries in the fight against COVID-19, with both State-owned enterprises and private companies becoming vital forces.
来源：资阳报