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Compared with preferred shares, perpetual bonds have a lower cost of funds and a shorter issuance approval cycle. They are also better than tier-2 capital bonds, which have limited capabilities in improving the capital quality and optimizing the capital structure of small and medium-sized banks. Therefore, perpetual bonds are the best channel for unlisted small and medium-sized banks to replenish tier-1 capital, the primary funding source of banks, Wang said.
Companies have yet to make major breakthrough in domestic sales

Concerns triggered
Commenting on Yi's remark, Taylor said it confirmed Chinese commitment to accelerating the process of openness and access to the Chinese economy.
Colorado had inmates in the second phase of vaccine distribution, set for the spring, behind health workers and first responders but ahead of other adults over age 65 with health conditions. Prisoners were to be treated like others in group housing, including homeless shelters and college dorms.
来源:资阳报