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China's domestically-produced cars are more internationally competitive than they were five or ten years ago, meaning that the country's recent opening-up measures such as lower tariffs and the removal of foreign ownership caps will have a smaller impact, according to Paul Gong, executive director of UBS Investment Research Asia Autos.
China's overall leverage ratio is at a medium level internationally and it is stabilizing, said the NDRC, citing data from the Bank for International Settlements.
China's law stipulates that if both parties reach such a consensus or if the court believes a foreign law is more appropriate in a dispute according to the character of case and its details, the court can apply the foreign law in the case.
China's customs data showed that China's trade with ASEAN rose 10.5 percent to 1.98 trillion yuan (8 billion) in the first half of this year, as China's trade with the US dropped 9 percent to 1.75 trillion yuan (4 billion).
China's financial institutions should include more medium to long-term loan products, in order to help the country's private companies access investment easily, said Ye Qing, vice-president of All-China Federation of Industry and Commerce.
来源：资阳报