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By connecting Chinese and ROK associations of small and medium-sized enterprises, Ji has also helped many Chinese and ROK products enter each other's market.

By the end of June, Industrial and Commercial Bank of China Ltd, the country's largest State-owned commercial lender by assets, had launched 353 online collateral-free loan products, issuing credit totaling nearly 800 billion yuan to more than 1 million micro and small enterprises. Collateral-free loans accounted for almost 30 percent of the bank's small business loans, said Gu Shu, vice-chairman and president of ICBC.

CANBERRA - Australia's treasurer has described Victoria's return to coronavirus lockdown as an "impediment" to the country's economic recovery.

CHANGCHUN — Chinese automaker FAW Group said it will introduce 17 car models, mostly electric, by 2025.

By the end of 2018, China's installed capacity for renewable energy reached 728,000 megawatts, up 12 percent on a year-on-year basis. It took up 38.3 percent of the total installed capacity, growing 1.7 percentage points year-on-year, demonstrating that the alternative role of renewable energy has become increasingly important.