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Despite the recent run-up, investors and analysts played down concern of a bubble. Though the officially sanctioned margin loans have topped 1.3 trillion yuan, the highest in almost five years, that still is not much more than half the 2015 peak of 2.3 trillion yuan, the report said, citing Wind data. The Shanghai Composite's valuation, at about 15.4 times historical earnings, is also considerably lower than its 2015 peak.
Developed countries that signed the pact pledged to provide 0 billion a year in climate-related finance to developing countries.
Domestic online travel agency Lvmama, which is headquartered in Shanghai, reports that 32 percent of its customers in the first four months of the year were over 50 years old, a rise of 5 percentage points over the same period in 2017.
Despite the pandemic, China's first quarter investment in Belt and Road Initiative-involved economies still managed to rise 11.7 percent year-on-year, with a large number of temporarily-suspended projects resuming operation, Xiang said.
Despite the pandemic-induced obstacles, China's foreign trade of goods totaled 29.04 trillion yuan (about .44 trillion) in the first 11 months, up 1.8 percent year-on-year, according to official figures.
来源：资阳报