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Changes have taken place in the institutional system of the Chinese banking sector, with a rise in the number of small and medium-sized banks and private banks that mainly target small businesses, whereas the market share of the five largest State-owned commercial banks by assets dropped from more than 50 percent to 38 percent in the past 10 years.

Carnegie-Mellon: great university and they have a great tech program. They are pretty steadily at 50 percent, sometimes a little higher, women out of their graduating classes. So if I think about the strides that we’ve made in education, it’s really been phenomenal. If I think about the strides that we’ve made in high school education and middle school education (that’s) actually pretty good as well. A lot of the focus on STEM activities has made a big difference.

Caterpillar has redesigned certain types of excavators to improve operator safety and comfort, increase efficiency, and lower maintenance costs. It also offered solutions using digital technology and aftermarket services to unlock operating efficiencies in construction.

Chairman and CEO Pony Ma said the move marks a critical strategic upgrade and serves an important steppingstone for Tencent as the company celebrates its 20-year anniversary.

Chan said only 1 percent of the products imported from the US required export licenses last year and only part of them were exempted from export licenses under the special trade status arrangement. Thus, any sanctions imposed would impact only 1 percent of the products, he said.