It added that the iBond will be issued on November 16 and listed on the Stock Exchange of Hong Kong on the following business day (November 17). It can be traded in the secondary market afterwards.
It forecast that Chinese banks will proceed to a dividing ridge with regard to performance during the next three years, as interest margins keep shrinking, the expectation for a rise in non-performing loans still remains, and regulatory tightening forces companies and financial institutions to deleverage.
It also called for accelerated development of an online transaction system for public resources to enable better information sharing and interconnectivity.
Iron ore prices have been pushed up amid market concerns over a global supply shortage after the deadly dam burst put as much as 70 million metric tons of annual supply at risk.
Isabel Hill(right), director of the office talks with Elliott Ferguson, president and CEO of Destination DC. [Photo provided to China Daily USA]
It can also create interest-rate benchmarks for the mainland's enterprises to raise funds in global bond markets, according to Shi.
开封大功率工业吸尘器
It also emphasized firm and orderly steps in winding back noncapital functions in the core area, including gradually relocating some administrative agencies, along with education, research and medical services institutions, while reducing the area's population and building density.
It also will further deepen civil-military integration, promote the construction of military main material system and promote new materials to achieve mutual shift and transformation in the civil-military field.The total output value of China's new material industry increased from 1 trillion yuan in 2012 to 2.65 trillion yuan in 2016, with an annual growth rate of 27.6 percent.
It intends to list the ADSs on the Nasdaq Global Market under the symbol "WIMI."
It introduced the new Thought into the Party's Constitution, outlined China's development path for the upcoming decades and elected a new CPC Central Committee.