Wang forecast new yuan-denominated loans extended by commercial banks to hit 900 billion yuan (6.4 billion) in November, up from 663.2 billion yuan in October. That would make the aggregated new yuan loans in the first 11 months this year exceed the total of 2016.
Wang elaborated several basic principles to stick to: firmly safeguarding national security; upholding and improving "one country, two systems"; adhering to governing Hong Kong in accordance with the law; resolutely opposing external interference; and substantially safeguarding the legitimate rights and interests of Hong Kong people.
Wang Penghu, general manager of the company finance department of China Citic Bank, said that banks' digital transformation makes inclusive finance possible. Digitalization also contributes to precise marketing, and lowers the banks' customer acquisition service costs, he said.
Wang Kun, who was previously a white-collar worker in Beijing, now takes care of 300,000 trees scattered across the landscape in his hometown in North China's Tianjin.
Wang said he believes that the mutual trust and bilateral cooperation between China and the EU will be further strengthened through their joint work to combat the disease.
Wang Xiaoguang, head of Chinese Exhibition Delegation, speaks at the opening ceremony of the third China-Kenya Industrial Capacity Cooperation Exposition on Nov 26, 2019. [Photo by Tang Ying/chinadaily.com.cn]
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Wang called for not only denuclearization but also the establishment of a peace mechanism on the peninsula that addresses each party's legitimate security concerns.
Wang also said that since the beginning of the year, major progress has been made on the Korean Peninsula situation, "and China has made unremitting efforts for this to happen".
Wang Yiwei, Jean Monnet chair professor at the Institute of International Affairs at Renmin University of China, said European countries, including France, are facing challenges such as the US announcement of steel and aluminum tariffs on imports as well as its withdrawal from the Iran nuclear deal.
Wang Simiao, Deputy Director-General of the Intermediary Supervision Department of China Banking and Insurance Regulatory Commission, pointed out that China Re's proprietary model is a meaningful practice that echoes with national strategies and serves the development of the insurance industry. The model is hoped to improve the technological level of China's catastrophe risk control and play its unique role in supporting national strategies.