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"Establishing their own wealth management subsidiaries is one of the steps taken by banks to make a transition in terms of asset management. What is more challenging for the reform is how the customers will react to the switch of wealth management products from the expected returns model to the net asset value model, which does not guarantee the return of principal and interest," he said.
"Developers have clearly shifted their focus from high growth to stable and sustainable development," said Zhang Jian, research director of Shenzhen Fangdd Network Technology Co Ltd, the nation's largest online property trading service platform set up in 2011.

"Even so, the prospects of entering the mainland market are definitely good for overseas insurers because an enormous population still lacks insurance protection," he said.
"Economic cycles are a fact of life. they will happen and maybe we're going into a downturn now, but that isn't going to destroy globalization -- it will interrupt it, but It won't destroy it," O'Neill said.
"Discoveries such as this help to support security of supply as we make the transition to a low-carbon energy system," said Wheelhouse.
来源:资阳报