The author is a senior research fellow of the Sydney Democracy Network at the University of Sydney. The views do not necessarily reflect those of China Daily.
The automaker headquartered in Guangzhou, South China's Guangdong province, wants to become the first Chinese company to sell Chinese-branded vehicles in the United States.
The banking regulators imposed a fine of 52.5 million yuan on 19 banking institutions over a pledge loan fraud case in Shaanxi and Henan provinces, and 295 million yuan on 12 banks over a bill fraud case in Northwest China's Gansu province, the China Banking Regulatory Commission announced in January and February.
The bank submitted applications around two months ago, and the regulator has chosen the proper timing to make the announcement, according to people familiar with the matter.
The average REER in 2018 appreciated by about 1.4 percent relative to 2017, driven by the appreciation in the nominal effective exchange rate (NEER) (1.5 percent), the IMF said in a staff report after concluding the annual Article IV consultation to review the Chinese economy.
The big data technology and services market is expected to reach .9 billion in 2020, market research firm International Data Corp, or IDC, predicted.
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The authorities concerned, professionals, and data institutes would do well to research the potential impact of the ever-widening income gap on society, to avoid the temptation to formulate populist policies like other countries had done.
The basic rights of people of all ethnicities have been secured, social order has been restored and comprehensive development has been made possible, which has won widespread international acclaim, Mao said.
The average leisure time for Chinese people is declining. In 2017, the average leisure time was 2.27 hours per day, and that for urban residents was even less, said the newspaper, citing a report released by the Chinese Academy of Social Sciences.
The banking industry is now operating in a more stable manner, and the market does not have to be nervous about scrutiny, said Xiao Yuanqi, head of the prudential regulation bureau of the China Banking Regulatory Commission (CBRC).