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China has over 4,000 small and medium-sized banks, with total assets of about 77 trillion yuan (.9 trillion). These banks have limitations in management capacity, and their targeted clients are usually micro, small and medium-sized enterprises. Small and medium-sized banks were noticeably affected by the novel coronavirus pandemic this year, said Cao Yu, vice-chairman of the CBIRC, at a news conference on April 22.
China has over 4,000 small and medium-sized banks, with total assets of about 77 trillion yuan (.9 trillion). These banks have limitations in management capacity, and their targeted clients are usually micro, small and medium-sized enterprises. Small and medium-sized banks were noticeably affected by the novel coronavirus pandemic this year, said Cao Yu, vice-chairman of the CBIRC, at a news conference on April 22.
China has been taking great strides in innovation, and the efforts have been greatly beneficial.
China created 10.97 million jobs in the first nine months, 300,000 more than the same period last year, the Ministry of Human Resources and Social Security (MHRSS) announced on Wednesday.
China appreciates Finland’s support for the Belt and Road Initiative and would like to enhance Belt and Road cooperation with Finland, Xi said.
来源：资阳报