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China's investments in Africa assist the region's diversification of economies, he said, adding that China has the advantages, potential and opportunities to invest in different sectors and use its capacity to benefit both Africa and itself.
China's combined trade with those countries reached .44 trillion, up 13.4 percent year-on-year, 5.9 percentage points faster than China's overall trade growth.
China's listed banks are in urgent need of replenishing common equity tier 1 capital. Their common equity tier 1 capital adequacy ratio declined in general in the first half of this year due to a drop in net profit of many listed banks, a PwC report issued Wednesday said.
China's monetary authorities lowered interest rates of major lending facilities, given a projection of moderate consumer inflation in coming quarters, in support of credit to smaller businesses hit by the novel coronavirus pandemic.
China's major stock indexes closed lower for a second trading day Wednesday, with the benchmark Shanghai Composite Index down 2.08 percent at 2,723.26 points.
来源：资阳报