Global shadow banking growth post-crisis has been fueled by increased bank regulation, low interest rates, a generally-benign economic backdrop, the rise of financial technology and increasingly supportive government policies to promote economic development and credit availability, said a report from Fitch Ratings, an international ratings agency.
Generally, those with scores higher than 700 are able to enjoy privileges, such as the exemption of deposits when borrowing books and signing up for shared bike accounts, VIP services at select airports and even visa-exemptions to certain countries. Tencent is also testing a similar service.
Given the policy changes, large-scale companies have started to boast bigger advantages in financing and land auctions.
Getan's father has plans to expand the family guesthouse business, and Getan wants to upgrade the services.
Ge Jianhua said he has had no earnings since the outbreak after local police stepped up inspections over coal mines, construction sites and hotels.
General Secretary Xi Jinping is given a panoramic photograph of the village of Huamao in Zunyi by the village's Party chief. Xi received it during a panel discussion with delegates from Guizhou province on Thursday at the ongoing 19th National Congress of the Communist Party of China in Beijing.LAN HONGGUANG / XINHUA
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Given the policy changes, large-scale companies have started to boast bigger advantages in financing and land auctions.
GigaOm reports that venture capital firms have been reluctant in the past to back nuclear energy projects because of the high costs. ?There’s also been a more watchful eye on nuclear power following the earthquake and tsunami in Japan last month, a tragedy which impacted nuclear power plants in the country.
Given continued downward pressure, China has launched various measures to finance the real economy and help small firms weather out economic hardship.
Germany's thyssenkrupp Elevator, a diversified industrial group with a history of more than 200 years, on Friday opened its new plant and a test tower in Zhongshan, Guangdong province, a traditional manufacturing city in the Pearl River Delta region.