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At the end of June, the nonperforming loan ratio of ICBC declined for 10 consecutive quarters to 1.48 percent, down by 4 basis points from the beginning of this year. The NPL ratio of CCB fell 3 basis points from the end of 2018 to 1.43 percent.

At the same time, 54 commercial banks from 20 countries and regions along the Belt and Road have established branches, financial companies or representative offices in China, seeking opportunities with the initiative.

At the summit, President Xi Jinping outlined new measures to strengthen China-Africa peace and security cooperation, and reached important consensus with African leaders on launching the peace and security initiative. China-Africa relations have for many years been defined by development, but now a conversation to engage in matters of peace and security has gained momentum.

At present, some Chinese smartphone vendors, such as Xiaomi, have increased investment in the Indian market.

At the completion of the project, Huabao Curio City will become one of the main cultural venues in the Yu Garden area. More national intangible cultural heritage projects will be located on the first floor of the building while the second level will be an exhibition area aimed at promoting the inheritance and revival of traditional crafts.