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SPD Bank has accelerated its pace of internationalization and comprehensive development in recent years. The Singapore Branch obtained its banking license from the Monetary Authority of Singapore on March 21, according to the bank's press release.

Bad loans by commercial banks totaled 1.5 trillion yuan (220 billion U.S. dollars) at the end of 2016, 18.3 billion yuan more at the end of Q3. Accordingly, about 78 percent of the bankers put improving risk management as key task, with about 61 percent choosing to adjust business pattern.

Recovery, however, has been patchy, with economically strong areas reporting price rises and less developed areas still reporting huge inventories of unsold homes.

"We will make efforts to translate the general secretary's concern and the CPC Central Committee's poverty eradication policies into happy lives which the people can see and enjoy," said Yang Bo, another delegate and a village official, adding that he is confident of leading his village out of poverty.

It is reported that at least 70 people were killed, 200 others were wounded Tuesday in a gas attack in a rebel-held area in Syria's northwestern province of Idlib.