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在线翻译:
szdaily -> Business
At a Glance
    2017-June-29  08:53    Shenzhen Daily

Coal capacity

CHINA’S top planning body has urged coal mines to speed up the release of high-grade coal capacity to help ensure electricity supply during peak hours and to key regions in the summer.

The document issued by the National Development and Reform Commission (NDRC) also called for “the expansion of direct electricity transactions and the optimization of electricity supply.” Earlier this month, the NDRC said China would allow some coal mines to increase capacity as part of efforts to boost supply for the summer.

Bank regulation

THE China Banking Regulatory Commission (CBRC) said it is talking with the Hong Kong Monetary Authority (HKMA) to sign a memorandum of understanding on cooperation over the regulation of Hong Kong banks on the mainland, Xinhua reported.

Quoting an unidentified CBRC official, Xinhua said that the CBRC will adopt a communication policy with the HKMA to promote the business of Hong Kong banks on the mainland. A youth exchange will be set up to encourage Hong Kong students to take summer internships at mainland financial institutions, Xinhua said.

Fintech adoption

ADOPTION of financial technology products and services among consumers has grown globally, with users in China leading the fintech charge, a new study by Ernst & Young has found.

The consultancy conducted more than 22,000 online interviews with consumers that are active online in 20 markets for its annual Fintech Adoption Index, and found that 33 percent of respondents now use fintech. Users in China had the highest level of fintech adoption, with 69 percent of respondents regularly using fintech services. Users in India came second at a 52 percent.

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