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China's central bank is very close to launching its own digital currency after five years of research and development in the area, according to a senior official.
China will optimize the layout of its international market, focusing on the expansion of imports from countries related to the Belt and Road Initiative.
China's PV product exports rose 25 percent year-on-year in the first quarter of this year, the first such rise since 2012, according to CPIA data. Currently, India, Japan, Australia, Brazil and Pakistan are the major buyers of Chinese solar panels, according to the General Administration of Customs.
China's broad money supply maintained a low growth rate of 8.3 percent in April, along with flat new yuan loan expansion even as policymakers continued financial deleveraging, according to data from the People's Bank of China, the central bank, on Friday.
China's banking and insurance regulator also instructed banks to allow enterprises to use their accounts receivable, orders, warehouse receipts and inventories as collateral to secure funds through supply chain financing, which refers to systematic financing arrangements for the benefit of all members of a supply chain.
来源：资阳报