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Chinese conglomerate Jingye, which is headquartered in Hebei province near Beijing, recently announced an investment of a staggering 1.2 billion pounds (.55 billion).
Chinese monetary authorities unveiled an additional policy package on Wednesday to increase credit to small and medium-sized enterprises and ease headwinds from the novel coronavirus outbreak. [Photo/Sipa]
Chinese regulators are exploring more channels to raise banks' capital adequacy ratio, as the average level for that has been falling, and they are required to shift off-balance-sheet lending back onto the books, even as bad assets are increasing amid the economic slowdown.
Chinese organizations have exhibited a higher level of willingness to increase spending in energy efficiency projects, a trend that surpasses their global peers and offers big opportunities for green building solution providers, according to an industry executive.
Chinese internet search giant Baidu Inc is looking to work with Indian institutions in the future to make a better world through innovation, said Robin Li, co-founder, CEO and chairman of the company, who underscores the infrastructure for artificial intelligence will significantly propel the speed of innovation.
