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China's NEV market has made good progress and continues to improve, said Ma, who chaired a meeting on NEV development.
China's banking sector disposed of around 2 trillion yuan (0 billion) in nonperforming loans last year. About 19,200 creditors' committees were set up nationwide, supporting debt-for-equity swaps totaling 1.4 trillion yuan, according to the regulator.

China will strengthen the coordination of financial regulation, stabilize the property market and prevent systemic financial risks, according to a statement issued after a top leadership meeting on Monday.
China would like to make joint efforts with all SCO members, including Russia, to use the opportunity of the summit to ensure the continued healthy development of the SCO, Xi said.
China's A-share market opened buoyantly in Thursday morning trading, climbing higher over excitement about MSCI's decision to include mainland shares in a key index. But gains were erased in the afternoon on profit-taking and weakness in small-cap stocks. Analysts, however, said they remained bullish about A-shares in the long run as a result of the development.
来源:资阳报