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In its annual report earlier this year, the Bank of International Settlements (BIS) noted the looming risks triggered by financial expansion in several countries, saying "the main cause of the next recession will perhaps resemble more closely that of the latest one -- a financial cycle bust."

In infrastructure development, it is clear the UK and China share a mutual interest and a desire for bilateral support. And with the billions of pounds of investment Chinese companies have funneled into northern England, coupled with the multitude of British businesses at work in Belt and Road nations, it is obvious that the support is there.

In order to support each other, the cold water swimming enthusiasts founded the Lanzhou Winter Swimming Association, which has over 65 regular members aged from 28 to 65.

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In order to promote benevolent behavior like Xu's, the amount allocated to the village will be used to buy gifts for the elderly, the Ningbo Evening News reported.

In most industries, other than a few exceptions including high-speed railways and 5G, China still occupies a limited market share compared with developed countries, especially on a per capita basis. Therefore, growth of the Chinese economy is driven by the overall potential of industries in all categories.

In his opening remarks, Wang said overseas Chinese enterprises are the spokespersons of China. The operational activity of the Chinese enterprises in Kenya is related to China's image and the friendship between the two countries. Therefore, all Chinese enterprises, including Zhejiang enterprises, should operate legally and comply with local laws and regulations, respect local customs and habits, protect the legal rights of local employees, fulfill corporate social responsibility, contribute to the local community's development, and try to be the messenger of the friendship between China and Kenya.

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In his address on Saturday, Wang stressed that during the extended opening-up procedure, regulators will work to prevent systemic risks by strengthening the prevention of financial risks and building financial regulatory capacity compatible with the greater openness of the financial sector.

In its 2018 report, Kantar Millward Brown listed Lenovo, Huawei, Alibaba, Xiaomi and Air China as the top five Chinese companies establishing "Brand China" as innovative, cutting-edge and pioneering.

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In less than a year, the leading Shanghai-based bicycle-sharing platform has expanded its service to 36 Chinese cities, as well as Singapore, with over one million bicycles.

In line with the credit expansion, the growth of broad money supply, or the M2, accelerated to 8.5 percent last month, up from a record-low of 8 percent in June, the official data said.