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In the past, AICs relied heavily on the parent bank for funding. This put capital pressure on the parent bank, making it difficult for AICs to expand their business.

In the second quarter, the country's GDP rose 6.2 percent year-on-year, lower than 6.4 percent in the first quarter, according to data from NBS.

In the past four decades, we have made consistent efforts to strengthen people-to-people ties in the spirit of mutual learning and common progress. In the early days of our diplomatic relations, there were few mutual visits between the two countries. Now over 300,000 visits are exchanged between us every year. Today, 17 Chinese universities offer Portuguese courses, and in Portugal, four Confucius Institutes have been opened and the Chinese language is taught in several schools and universities. Our close exchanges in film, media, cultural performance, exhibition and at the sub-national level have enhanced popular support for the long-term development of our relations.

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In the next five years, China Everbright Bank, a national joint-stock commercial bank, will provide financial support of at least 50 billion yuan (.6 billion) for the region's infrastructure, key industries, poverty reduction and social development, said Wu Fulin, deputy general manager of China Everbright Group.

In the quarter ending March, the value of imported goods rose 4.4 percent from the previous quarter to NZ.6 billion (.35 billion), while the value of exported goods was up 2.4 percent to NZ.2 billion (.39 billion).

In the past three decades, Pudong has attracted 36,200 foreign-funded enterprises from 170 countries and regions. So far, 350 regional headquarters were moved or opened in Pudong by multinational corporations.

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In the meantime, China has been actively expanding new import channels and allowing enterprises to carry on trade discussions with foreign countries. China aims to give full play to the positive role of pork imports in maintaining domestic supplies and ensuring price stability, according to the Department of Foreign Trade under the Ministry of Commerce.

In the instructions released at the end of last year, Xi required that local authorities find out the weaknesses of the Shanghai zone and build it according to the world's highest standards.

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In the traditional offline healthcare delivery system, doctors lack efficient channels to guide and manage chronic disease patients due to the weak connection between in-hospital treatment and outside-hospital patient management, said Wang.

In the meeting with European Parliament Vice-President Dimitrios Papadimoulis, Losang Jamcan spoke of the rapid economic growth and social cohesion in the Tibet autonomous region, made possible under the leadership of the Communist Party of China and guided by the Party's policies toward ethnic minorities in the country.