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At the end of June, the balance of nonperforming loans was 208.07 billion yuan, increasing by 7.19 billion yuan over the end of last year. The NPL ratio fell 3 basis points to 1.43 percent.

At the same time, reforms take several years to deliver, and some of them — easing job protection regulation and liberalizing domestic finance — may entail greater short-term costs when carried out in bad times; "these are best implemented under favorable economic conditions and early in authorities' electoral mandate".

At present, the production lines of LCD panels are mainly concentrated in Asian countries, such as China, South Korea and Japan. Analysts said Foxconn's Wisconsin facility marks its biggest expansion into the US and will help the manufacturing giant expand its sales of large-sized LCD TVs in the US market.

At the same time, it will also highlight China's support of the real economy, stress on intellectual property rights, and resolution to boost the development of domestic companies in a more open manner.

At the factory, baskets full of live male and female crabs are prepared and ready to be sent to different destinations in China and other parts of Asia.