In the old, pre-reform banking business model, banks made steady, predictable profits from the "spread" - the difference between the interest rate at which they loaned money and the rate at which they borrowed money from depositors or other sources.
In the past few years, first-tier and some second-tier cities took effective measures to rein in rocketing home prices, while smaller cities moved to reduce their housing inventories, he added.
In the next 10 years, starting from the 2020-21 year, the government expects the number of public housing units to be built to be 272,000 if it can find sufficient earmarked land for public housing.
In the short term, the new mobile payment application will not have a substantial impact on Alipay and Tenpay, which have dominated China's mobile payment market, but will reduce market concentration, he said.
In the insurance sector, China plans to lift the overseas ownership cap to 51 percent for three years and remove the limit after five.
In the meantime, Beijing authorities have encouraged citizens to create less waste and improve waste sorting, he said.
天津seo排名优化
In the neighboring state of Queensland, guests were evacuated from a popular resort on Monday morning as bushfire continued in the world heritage Fraser Island and moved towards the resort. The fire, reported to be sparked last month by an illegal campfire, has been burning for six weeks and has destroyed more than 40 kilometers of bushland.
In the poll conducted for business magazine LMD by research firm Kantar TNS, survey participants pointed out that China provides donations and credit facilities to Sri Lanka while also being the main contributor to large-scale projects implemented in the island country.
In the same month, BMW launched an app for its customers and fans in China, and unveiled its newly-expanded research and development center in Munich, Germany, that will develop hardware and software for future vehicles.
In the motions, prosecutors also asked for more time to respond to motions questioning the reliability of the government's body-sniffing dog and its blood and DNA experts.