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China's large number of fintech companies has helped the country to take the lead worldwide in developing the industry, according to the Global Fintech Hub Report released on Wednesday during the Money 20/20 China conference.
China's longest strop ropeway will be in full operation in the beginning of April in Guangzhou, capital of Guangdong province. [Photo provided to chinadaily.com.cn]
China's interest rate reform, which started in the 1990s, seeks to build an interest rate regime determined by the market, to replace the existing system in which the central bank can set the interest rates via administrative orders.
China's overall debt-to-GDP ratio had dropped to 249.4 percent by the end of 2018, 1.5 percentage points lower than a year earlier, according to the PBOC.
China's envoy in Ottawa Cong Peiwu said that while the US is "smearing" his country over COVID-19, China appreciates Canada's "cool-headed" cooperation on battling the pandemic.
来源：资阳报