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The 5.1 percentage point growth of leverage ratio is

s out of ou上海品茶微信女神会所r expectations, and it was maintained because of countercyclical policies,” said Zhang Xiaojing, a senior economist with the CASS. But the deleveraging process should continue, and more measures will be introduced to ease the debt burden, especially for the private sector, said Lian Weiliang, deputy head of the National Development and Reform…

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Last month, the central government issued a guideline on

promoting the application of e-buses, by supporting technology innovation, improving fiscal and taxation policies, enhancing infrastructure construction, as well as reinforcing fund supervision. “It is estimated that in the future, China’s e-bus market will transform to a more market-driven pattern, instead of policy-driv en. The market will shift from an incremental market to a stock…

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