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"China contributed to the global wage growth," said Su Zhongxing, dean of Human Resources Management at Renmin University of China. "China has a large labor population. What's more, its wages grew rapidly in recent years. These factors obviously will help the world's average wage rise."
"By making this adjustment, the regulator hopes that banks will fully expose their non-performing loans and truly disclose their risk situation with more accurate capital adequacy ratios and coverage ratios of allowance for loan impairment losses to NPLs. It will be favorable for them to write off and resolve bad assets," said Xiong Qiyue, a research fellow at the Institute of International Finance at Bank of China Ltd.

"But now such potatoes have a place in the market thanks to the rapid development of the potato-processing industry," Li said.
"But there are still challenges for Chinese companies because of the lack of a mature employee training system, institutionalization of decision-making and the work-life balance that many candidates still aspire," he added.
"China faces the harshest challenges and difficulties this year," said Yao Jingyuan, former chief economist at the National Bureau of Statistics, who defined the current situation as "complicated and with in-depth contradictions".
来源:资阳报