Re-lending quota will be granted to 5 types of local financial institutions
Rather than swiping public transportation cards, or queuing for tickets to pay for journeys, commuters simply scan a QR code generated on their phones via a smartphone app. Since being launched in 2017, its QR code payment service for buses, subways and ferries have expanded to cover more than 50 million users in 100 cities, and the firm is eyeing further gains.
Rail freight volume also recorded fast growth in August, according to the NRA.
Rapid expansion was seen in sectors such as railway transport, telecommunications and software, with their sub-readings having stayed above 58.
Recycled items alert issued
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RABAT - Ctrip, the largest online travel agency in China, signed on Friday in Rabat a co-marketing partnership to develop the flows of Chinese tourists in Morocco.
Recovery in the euro area appears to be broadly supported by expansive fiscal and monetary policies, easing political uncertainty, and robust market confidence, which should keep growth momentum going through 2018, the report said.
R. Kelly
Real estate prices showed signs of recovery in the Chinese mainland during February with new home prices edging up in first-tier cities, the National Bureau of Statistics said on Friday.