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By the end of June, the proportion of retail loans to total loans and advances of the group was 55.04 percent, up 61 basis points from the end of last year. The proportion of operating income of retail banking of the group reached 54.48 percent, up 4.61 percentage points year-on-year, said China Merchants Bank in its 2019 interim results announcement issued on Saturday.

By the end of September, the balance of loans to small and micro enterprises, of which the total credit granted by banks to each company does not exceed 10 million yuan (.44 million), rose by 19.8 percent year-on-year to 8.93 trillion yuan. The growth rate was 7.17 percentage points higher than that of various loans during the same period.

CGGC Chairman Chen Xiaohua said the deal is a significant step for the company to actively participate in the tangible growth and cooperation opportunities brought by the Belt and Road Initiative, as well as support Indonesia's Global Maritime Fulcrum.

By the end of June 20, there were 2,144 State VI models from 99 carmakers, accounting for around half of all models in the market, according to statistics from the China Passenger Car Association.

By promoting new technologies to less developed countries and helping the workforce in these countries better adapt with skill-training and other forms of assistance, China and Germany can make even an greater contribution to promoting inclusive global development.