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By the end of last year, the M2, a broad measure of the money supply that covers cash in circulation and all deposits, rose 8.2 percent to 167.68 trillion yuan ( trillion), this was the slowest pace since 1994 when it was calculated the first time in China, according to data from the People's Bank of China, the central bank.

By the end of March, the non-performing loan ratio of commercial banks stood at 1.75 percent, almost flat compared with the end of 2017.

CANBERRA — Stronger demand for premium Australian wine in China has contributed to a 10 percent increase in Australia's overall wine export value, according to Wine Australia's export report released on Wednesday.

By the end of 2019, there were 38,943 travel agencies operating in China. Last year, travel agencies nationwide achieved a total revenue of 662.18 billion yuan ( billion) and profits of 3 billion yuan, according to the Ministry of Culture and Tourism.

By the end of March, the industry had combined assets totalling 16.2 trillion yuan, up 7 percent from the beginning of the year.