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China's banking sector has maintained a relatively strong risk resistance capacity by increasing the appropriation of impairment losses on loans. Banks appropriated 1.4 trillion yuan of impairment losses on loans during the first eight months, up by 261.5 billion yuan year-on-year. The level of allowance for loan impairment losses to nonperforming loans of the banking sector stood at 176.5 percent, while its NPL ratio rose by 0.11 percentage point from the beginning of this year to 2.14 percent at the end of August, according to data from the CBIRC.

China will improve the protection of intellectual property rights, raise the competitiveness of the research and development environment and maintain continuity in foreign investment policies, it said.

China will start a national campaign to combat criminal gangs and organized crime and to wipe out their "protection umbrellas", an effort that will be integrated with the fight against corruption involving low-ranking officials, a notice from the nation's top leaders said on Wednesday.

China's GDP hit 90.03 trillion yuan in 2018, up 6.6 percent year-on-year.

China's air quality has improved due to favorable weather conditions last year, according to a recent meteorological bulletin of the atmospheric environment.