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Back then, Chinese exports were mostly channeled through trading companies, which knew little about markets or products, Ni Pin, head of Wanxiang America, told Xinhua.
Bank of America traded about 5 percent lower after reporting weak earnings. Goldman Sachs and Citigroup declined about 4 percent each as the financial sector struggled.
Bao Huixin, deputy director of the Suifenhe Free Trade Zone Administration, said the free trade zone's opening up can benefit border residents from the countries and further grow border trade.
Bao said the ministry is already working on increasing job placements by expanding positions open to veterans. Those who have served for more than a decade in remote or special posts and may therefore have trouble meeting employment criteria for jobs in big cities can choose to be employed close to their hometowns or their spouse's residence, he added.
Banks' total assets reached 239 trillion yuan (about trillion) at the end of August, and the provision coverage was at 175.1 percent, the data showed.
来源：资阳报