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Backed by Google Ventures, Khosla Ventures, NEA and others, The Climate Corp. raised million last February.
Based on changes in international oil prices, the retail prices of both gasoline and diesel will be raised by 50 yuan (.4) per tonne, according to the National Development and Reform Commission (NDRC).
Based on the analysis, Chen said that the economic operation of China's machinery industry will gradually rise in 2020. The growth rate of industrial added value can still reach about 5 percent if the epidemic can be ended soon, and indicators such as operating income and total profit will experience a slight increase.
Bank of China Ltd posted a 5.21 percent year-on-year growth in profit attributable to equity holders of the bank in the first half of this year. [Photo/VCG]
Bai Chong'en, director of the National Institute for Fiscal Studies at Tsinghua University, pointed out that profits for businesses in China had increased considerably in the first half of 2017 and had equipped them with a stronger debt-paying ability, and S&P's downgrading decision should have also taken this fact into account.
