The association is taking a cautious attitude toward used car sales for April and May, due to the large number of new vehicles debuted at the recently held Shanghai auto show, falling new car prices and new stricter Nation VI emission standards.
The automaker's net profit for the third quarter alone totaled 1.4 billion yuan, up 507 percent year-on-year.
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 benchmark price for gold of 99.95 percent pure or above stood at 423.01 yuan (.9) per gram, up 3.68 yuan from the previous trading day, and that for gold of 99.99 percent pure or above was 4.98 yuan higher at 423.98 yuan per gram.
The author is an international affairs analyst.
The better performance was attributed to expansionary main businesses, price rises, and industry recovery and restructuring.
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The average new and expanded refinery capacity was below 5 million tons per year during the 2015-20 period, and will reach 13 million tons per year during the 2021-25 period, said the report.
The bank said its asset quality had remained stable and risks were generally within control, as it strove to improve business structure to support the real economy while preventing and defusing risks.
The average wholesale prices of 28 key types of vegetables tracked by the government increased 1 percent and that of six different types of fruits expanded 0.8 percent.
The banking sector has deepened its strategic realignment and risk control efforts as it adapted to changes in the domestic and world economic situation. It also boosted the ability of the sector to serve the real economy, the part which produces goods and services.