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China started to allow banks to issue large-scale CDs in June 2015, in a step toward interest rate liberalization, which was basically completed in October 2015 with the removal of the deposit rate upper limit.
China registered 8.74 million new college and university graduates in 2020, up 400,000 from last year and hitting a record high.
China once had hundreds of such companies, but many failed to profit as authorities focused on electric vehicles.
China needs further efforts in developing infrastructure, standards and technologies related to the internet of vehicles, said top executives of leading automakers, as the country is seeking to enter the fast lane of intelligent connected cars to gain a lead globally.
China lowered imported tariffs more than the most-favored-nation tariffs on over 850 goods from Jan 1, which brings benefits to companies and boosts the consumption of imported goods during Chinese New Year, said China Central Television news.
来源：资阳报