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"By making this adjustment, the regulator hopes that banks will fully expose their non-performing loans and truly disclose their risk situation with more accurate capital adequacy ratios and coverage ratios of allowance for loan impairment losses to NPLs. It will be favorable for them to write off and resolve bad assets," said Xiong Qiyue, a research fellow at the Institute of International Finance at Bank of China Ltd.

"China and India are opportunities for one another not threats to each other," Rong said.

"China is of high importance to the BMW Group, both as a market and as a location for production and innovation," said Milan Nedeljkovic, member of the board of management of BMW AG.

"China is still short of globally influential brands, although well equipped to accelerate brand development," Wang added.

"CITIC Group has encouraged its financial and non-financial units to join hands in advancing the Belt and Road Initiative. The business synergy could facilitate the sharing of overseas resources and channels between CITIC subsidiaries, and help lower various costs in developing our overseas business," Chang said in a recent interview.