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China's financial institutions should include more medium to long-term loan products, in order to help the country's private companies access investment easily, said Ye Qing, vice-president of All-China Federation of Industry and Commerce.
China's construction machinery manufacturing industry was confronted with a recession between 2012 and 2016, as market demand fell. After expanding for nearly two-years, the sector's growth started to slow last year.
China's move to further open up its financial industry will help major banks and fund managers in the United Kingdom find new markets after Brexit.
China's consumer price index, a main gauge of inflation, rose 5.2 percent year-on-year in February, edging down from 5.4 percent in the previous month, National Bureau of Statistics data showed.
China's management of its economy is also making Pearce more comfortable. He recently allowed his money managers to invest in Chinese mainland equities directly for the first time in the firm's history.
来源：资阳报