Liu Ran News Today

The market for Chinese developers dollar-denominated bonds has seen a meltdown over the past two years, losing 87% of its value. The rout has wiped out USD135.5 billion of value from USD154.9 billion of outstanding notes, as per Debtwire. This has sparked calls for a fresh approach to stimulating the property market including government-funded construction of affordable housing.

The worldwide AI fervor driven by ChatGPT has led industries across the spectrum to start integrating these smart helpers into their daily operations. Banking is no exception. Multiple Chinese banks are exploring the possibilities of employing AI tools to serve their customers.

More than 80% of local government financing vehicles do not have enough operating cash to cover interest payments on their debt, says UBS estimates. These entities are state-owned companies set up to finance infrastructure projects including highways and bridges.

东城区市场监管局开展流通领域食品安全专项检查

市场陷入严重内卷，更多投机者将会被无情淘汰。

根据全省脱贫攻坚总结表彰工作安排，经逐级推荐和评选审核，确定济南市历下区发展和改革局等400个集体为山东省脱贫攻坚先进集体拟表彰对象、李广林等600名个人为山东省脱贫攻坚先进个人拟表彰对象，现予以公示。