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As of the end of 2017, the outstanding volume of on-balance-sheet wealth management products for large commercial banks rose 19.1 percent year-on-year to 2.35 trillion yuan, according to the EY report that reviewed 41 listed banks in China.

As of June last year, the group had total debt of 525.6 billion yuan while it had cash or short-term investment worth only about 50.4 billion yuan, according to its financial statement. Chen Feng, chairman of the group, said in December that this year would be a crucial period for the group to resolve its liquidity risks.

As negotiations for the new relief package stall, the extra 0 unemployment benefits for roughly 30 million people expired on Friday, as did an eviction moratorium.

As part of the 13th Five-Year Plan (2016-20) for wind power development, the total cumulative installed electricity generation capacity from wind power is expected to reach 210 million kW by 2020.

As many poor countries are facing difficulties related to sustainable debt issues, joint efforts and cooperation are needed between countries, and multilateral development institutions should innovate financing methods to provide long-term, stable and low-cost funds, Deputy Finance Minister Zou Jiayi said during a recent summit.