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China's listed banks entered a period of stability with steady growth and lower non-performing loan ratios and overdue loan ratios in the first half of the year, but pressure for competition may mount and lenders need to increase their pricing and cost control abilities, according to a report.
China's foreign exchange reserves slipped to .125 trillion at the end of April, down by about billion or 0.57 percent from March, officials announced on Monday.
China's consumer inflation will further ease in the rest of the year, providing policy opportunities for Beijing to cement the country's nascent recovery in market demand, experts said on Wednesday.
China's economy witnessed a strong rebound in the second quarter by growing 3.2 percent year-on-year as business resumption gathered pace. Yet market demand, the ultimate driver of production and economic growth, has lagged as the COVID-19 epidemic restricted offline consumption and impaired people's earnings prospects, they said.
China's debt level only grew slightly in the first three quarters. The debt level of the non-financial sector declined 2.9 percent year-on-year in the first three quarters, according to data from the think tank.