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At the end of 2019, the balance of Chinese banks' WMPs valued on a net asset basis rose by around 69 percent from 2018 to 10.13 trillion yuan (.54 trillion), accounting for 43 percent of non-principal-protected WMPs outstanding, said a recent report from the China Banking Association.
At the end of April, banks' balances of wealth management products reached 30 trillion yuan (.4 trillion), up 1.1 trillion yuan from a month earlier, and inter-bank investment rose 4 trillion yuan from the beginning of 2017 to nearly 37 trillion yuan, the data showed.
At these forums, executives with leading Chinese carmakers and prominent new energy vehicle startups gave their thoughts and suggestions on the development of the autonomous driving industry, focusing on the preparations made to develop intelligent connected vehicles.
At the end of 2018, tax-incentivized personal commercial pension schemes only contributed to a tiny share of China's pension fund market, while the basic pension insurance scheme, with its balance of assets reaching about 4.4 trillion yuan (6 billion), accounted for more than 70 percent of the market.
At the Chinese Academy of Agricultural Sciences, a key research program carried out over the past four years has resulted in a reduction of more than 30 percent in the use of synthetic fertilizers and an almost 40 percent reduction in the use of pesticides for vegetable production on pilot plots that yielded 4 percent more vegetables than before, said Li Baoju, a researcher at the academy's Institute of Vegetables and Flowers.
来源：资阳报