The central bank warned about the risks posed by borrowing as some third-party payment agencies were offering installment options and other lending services to these platforms.
The center will offer comprehensive legal services involving overseas parties for the inaugural expo in areas such as finance, shipping and international trade, said Wang Xie, deputy director of the bureau at the launch ceremony, which was held on the campus of Shanghai University of International Business and Economics.
The central government has granted Hong Kong SAR a high degree of autonomy, but that doesn't mean that it has given up its authority, she said to a group of reporters before the weekly Executive Council meeting.
The central government has implemented a series of measures starting from the beginning of this year in order to prevent asset bubbles and reduce debt levels.
The central government will allocate funds to provide subsidies and reduce interest rates on the concessional loans. The companies should invest all the loans from the program in production and operation related to disease control.
The central bank has vowed to contain financial leverage, fending off financial risks involved in key areas such as shadow banking and real estate financing.
上工汇体检介绍
The center uses routers and switches produced by Huawei Technologies Co Ltd and Cisco Systems Inc, and intrusion detection and prevention systems made by the Beijing-headquartered Nsfocus Information Technology Co Ltd, an internet and application security company.
The chairman of Hong Kong's rail operator MTR Corporation, Frederick Ma Si-hang, said his company "was interested in partnering with China Railway" to bid for the 350-kilometer rail project linking Kuala Lumpur and Singapore. Ma made the statement while attending the Belt and Road Forum for International Cooperation, which convened in Beijing on May 14 and 15, South China Morning Post reported.
The city is home to the Museum of the Provisional Government of the Republic of Korea, China's largest historical site tied to the peninsula.
The central bank governor forecast positive GDP growth this year, based on the robust economic recovery in the third quarter, although uncertainties still exist due to the pandemic.