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Chang Desheng (fourth from left), Party chief of Jiangxiang, visits residents at the village's senior home.[Photo provided to China Daily]
Central bank officials expressed full confidence on Tuesday in maintaining a stable and reasonable exchange rate for the yuan against the backdrop of escalating China-US trade friction and a strong US dollar.
Car inventories remained high in March, forcing auto dealers to control their stock with more caution, said the China Automobile Dealers Association. The index reached 55.3 percent, hovering above the alert level for 15 months in a row.
Cao Chao, an analyst at Huatai Futures Co Ltd, said that the increased re-lending quota will make banks' credit provision "more targeted" and will help reduce smaller businesses' financing costs.
Central authorities have assigned 1.39 trillion yuan worth of bonds to local governments ahead of schedule for this year, accounting for 63 percent of the total new debt quota in 2018.
来源：资阳报