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China's refinery output went up 12 percent year-on-year in July, hitting the highest on record for any single month. It processed 59.56 million metric tons of crude oil, equivalent to about 14.03 million barrels per day, the National Bureau of Statistics said.
China's retail banking business has been growing 23 percent annually since 2009, as calculated by McKinsey. The country's retail banking market will grow to the world's second largest by 2020, only next to the United States, with a total market value surging to 3.2 trillion yuan.
Chinese President Xi Jinping, also general secretary of the Communist Party of China (CPC) Central Committee and chairman of the Central Military Commission, delivers a speech at the central conference on political and legal work in Beijing, capital of China. The conference was held in Beijing on Tuesday and Wednesday. [Photo/Xinhua]
Chinese Foreign Minister Wang Yi chaired the meeting, which also included Russian Foreign Minister Sergey Lavrov, Brazilian Foreign Minister Aloysio Nunes, South African Minister of International Relations and Cooperation Maite Nkoana-Mashabane and India's Minister of State for External Affairs Vijay Kumar Singh.
China's total production and sales of new energy vehicles is expected to reach 5 million by 2020. As the average lifespan of power batteries is about five to eight years, according to Gao Gong Industry Institute, a Shenzhen-based research firm, China will see the amount of redundant batteries hit about250,000 metric tons in 2020, almost 20 times that of 2016.
来源：资阳报