Lv Tiangui, business director and general manager of the retail banking department at China CITIC Bank, said the bank has steadily improved the contribution of retail banking to its value. Net operating income from retail banking accounted for 34.7 percent of its total of 165.77 billion yuan last year, and the contribution grew by nearly 10 percentage points during the last 10 years.
MAS announced in June that it would offer up to two digital full bank licenses and three digital wholesale bank licenses in a bid to liberalize its banking sector, making it more "resilient, competitive and vibrant", according to its website.
Lu said that by the end of 2019 the scenic spot is expected to be put into operation. It is estimated that it will yield a profit of around 70 million to 80 million yuan by 2020.
Luoning is home to more than 16,000 residents aged 70 or above. As of mid-January, its filial piety funds had received 3.87 million yuan, mostly from the 40,000-plus children of the county's elderly.
M0, the amount of cash in circulation, was up 6.6 percent to 6.7 trillion yuan.
Lu said she felt thrilled to be the top winner, and she learnt a lot during the contest to become stronger, more confident and more self-restrained.
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Lu Xinshe, Party secretary of Guangxi Zhuang autonomous region, said the agreement demonstrates the common intention of regional countries to support multilateralism and free trade to further deepen economic and trade cooperation, which will provide more favorable conditions for accelerating the development of a new development pattern.
MOT data also showed investment in expressways and rural roads expanded 13 percent and 16.6 percent year-on-year in the period, respectively.
Lu's tutor, Pan Jianwei, a CAS academician and a leading quantum physicist, has spent more than two decades researching the manipulation of microscopic particles.
Lyu said most members had received professional training at overseas schools or orchestras, so they had a good understanding of Western music. When they combine what they've learned in the West with Chinese music, it makes for a performance that is unique and impressive, Lyu said.