当代中国社会阶层研究报告

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The regulator also ordered banks to revalue collateral at least once a year, and the ceiling of collateral rates should be adjusted in accordance with business cycles, risk profiles and market condition.

The report said 89.6 percent of minors used the internet to study, with 65.9 percent using it to listen to music, 61 percent for playing online games and 46.2 percent for watching short videos. It also said the average time minors spend on the internet each day was increasing significantly.

The report stated that one of the key reasons why Chinese HNWIs buy properties overseas is to secure accommodation for their children bound for studies.

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The report noted that Chinese female viewers' preference was not confined to romantic movies. They also played a leading role in the contribution to the box office for comedies, action, sci-fi and adventure films.

The remarks came as Swedish telecoms regulator PTS earlier this month halted 5G spectrum auctions after a court suspended parts of its decision that had excluded Huawei from 5G networks under the pretext of national security without any evidence.

The report said Chinese travelers prefer convenient and safer foreign destinations and the Philippines was among top 10 destinations for Chinese travelers in 2018.

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The report said it believed that cooperation between internet celebrities and platforms like Weibo would boost profits.

The report showed that 93 percent of catering companies suspended their operations due to the novel coronavirus epidemic.

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The report also criticized some hospitals and doctors in China, saying they rely too much on BGI's tests, meaning traditional methods, such as amniocentesis, are neglected.

The report also said that China faces a major challenge in balancing growth stabilization and economic restructuring this year. "The government has had to repeatedly rely on investment and monetary supply increases to achieve its pre-set growth target," it said. "This year, China will still have to balance achieving the growth target, restructuring and reform, and it will become more challenging and difficult."