With the slowdown in growth for major economies and the rise of protectionism and unilateralism, the environment for outbound investments will become more difficult for sovereign wealth funds like the CIC, whose overseas investments will also face greater legal, compliance and safety risks due to increasing political interference and tighter restrictions, Peng said.
With the rapid growth of personal wealth, China has become world's second-largest wealth management market, which has brought opportunities and challenges for private banking business, the Investor Journal reports.
With improving asset quality last year, the profitability of China CITIC Bank reached a new high. In 2019, net profit attributable to equity holders of the bank was 48.02 billion yuan, up by 7.87 percent year-on-year, the fastest growth over the last six years.
With regard to genetic engineering, Shechtman said Israel is starting to understand the real causes for cancer and other diseases, thanks to the development in deciphering or analyzing the human genome.
With the epidemic hitting most economies in the world, China's holding of the CIFTIS will bolster confidence in global economic development, he said.
With the global unified standard set to be finalized in the next year or so, China is likely to advance its target for the commercial launch of 5G connections to 2019, to potentially become one of the first 5G-ready markets in the world, EY forecast.
排名优化
With the potential to increase the total trade volume between China and other major countries along the Belt and Road route by up to .6 billion – representing 1.4 percent of China’s total volume of trade exports – the activation of TIR will see Chinese goods going global with greater efficiency, while foreign imports will enjoy faster and safer transit.
With the screen name Stream Breeze, Ma has typed over one million words, sharing her life on Chinese blogging platform, Qzone.
With the property right registered and connected to the unified database, the property rights of the owners will be ensured and traceable. Such progress is believed to be a major step in the fight against corruption and to restrain speculative behavior.
With the aid of new technology, Luckin Coffee provides customers convenient service with innovative business model.