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China International Capital Corp Ltd, the country's first joint-venture investment bank, said in a report that in September 2017, the value of new entrusted loans and trust loans totaled 320.1 billion yuan ( billion), dominated by non-standard financing for the real estate industry.

China Media Group officially announces Kuaishou as the exclusive interactive partner of the 2020 Spring Festival Gala at a joint news conference in Beijing on Dec 25, 2019. [Photo/CGTN]

China Great Wall will help listed companies mitigate potential default risks and carry out industrial upgrading through multiple measures including restructuring of debt, assets and equity. Since the beginning of 2018, the asset manager has formulated debt restructuring plans for more than 10 listed companies.

China and the US can always compete with one another, but proven cooperation will certainly lead to far greater results. A healthy, consistent and stable Sino-US economic and trade relationship will undoubtedly allow the people of both countries to reap the benefits and create many more opportunities for sustainable economic growth, peace and friendship!

China and the UK have established the G20 Green Finance Study Group.