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在线翻译:
szdaily -> Business
At a Glance
    2017-September-26  08:53    Shenzhen Daily

Leverage ratio

THE growth of China’s overall leverage ratio has been clearly slowing and is now stabilizing, the country’s top economic planner said yesterday.

China will focus on lowering leverage ratios among State-owned firms and winding down “zombie firms” in order to control debt risks, the National Development and Reform Commission said in a statement on its website. The government has vowed to tackle high leverage in the economy, but its high debt levels have led credit ratings agencies, including S&P Global Ratings last week, to cut the country’s sovereign credit rating.

Banking assets

THE value of assets held by China’s banking sector rose 10.9 percent to 238.95 trillion yuan (US$36.16 trillion) as of the end of August compared with a year earlier, the China Banking Regulatory Commission (CBRC) said yesterday.

Liabilities rose 10.8 percent from a year earlier to 220.45 trillion yuan, it said on its website.

Diesel truck ban

THE eastern province of Shandong will ban the use of diesel trucks to transport coal from ports around Bohai Sea starting Oct. 1, according to a Xinhua report yesterday, quoting a statement from local authorities.

Companies operating ports on Bohai Sea will not be allowed to renew contracts using diesel-powered trucks in order to improve air quality, Xinhua reported. Major ports in Shandong including Qingdao, Yantai and Rizhao will be affected by the ban. The port authorities will give port companies two months to make the shift away from diesel trucks, said Xinhua.

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