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在线翻译:
szdaily -> Business
At a Glance
    2017-July-10  08:53    Shenzhen Daily

COMAC production

COMMERCIAL Aircraft Corp. of China Ltd. (COMAC) has received approval to begin mass production of its ARJ-21 jet, Xinhua said yesterday.

The State-owned planemaker received a production certificate from the Civil Aviation Administration of China, Xinhua said. Shanghai-based COMAC last year said that orders for the twin-engine jet had reached 413 from 19 customers. COMAC is also developing a bigger C919 jet as part of its efforts to compete against Boeing and Airbus in the lucrative narrow-body market. The C919 had 24 customers and 600 orders, COMAC said in June.

Funding channels

COMPANIES are too reliant on bank finance because of their lack of capital market access, China’s vice finance minister has said, promising to continue pushing the financial sector to deleverage while developing alternative sources of finance.

Zhu Guangyao also said China was closely monitoring the global spillover from the U.S. Federal Reserve’s ongoing normalization of interest rates, promising continued “sound cooperation” with the U.S. monetary authority.

Economic growth

THE economy will maintain steady and improving momentum in the second half of this year, but it still faces many difficulties, Premier Li Keqiang told a meeting Friday.

China’s economic achievement in the first half was “hard won,” Li said. “We should firm our confidence, but also prepare to cope with challenges,” he said. China will maintain proactive fiscal policy and prudent monetary policy and keep policies stable, Li said. The government would expand effective investment, especially private investment, he added.

 

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