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In the January-July period, overseas business-related proceeds of domestic institutional and individual clients via banks totaled 1.44 trillion U.S. dollars, with 1.35 trillion U.S. dollars paid to overseas businesses, SAFE data showed.
With a 1-billion-yuan (about 157 million U.S. dollars) investment, and each side holding 50 percent of shares, the SPD Silicon Valley Bank is the first joint venture bank since 1997 to win authorization by the country's Banking Regulatory Commission.
The rise in farm produce prices is expected to push up inflation in August, as food prices account for a third of the proportion when calculating the country's inflation figure.
Also, a total of 16,000 houses in the province were toppled and 28,900 hectares of cropland damaged, resulting in direct economic losses of about 920 million yuan (144.9 million U.S.dollars).
During that period, trade with the European Union, China's largest trade partner, fell 2.7 percent year on year to 410.99 billion U.S. dollars, a wider loss than the 1.9-percent decline seen in the first eight months, the figures showed.
来源：资阳报