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continue weighing on industrial profits, but the tax and fee cuts starting from April will offset part of the negative effects, Wang said.
上海千花网女神会所Monetary policy may lend further support by cutting the reserve requirement ratio of financial i
nstitutions and directing more credit resources into small－and medium-sized enterprises, according to Wang.
上海千花网Besides facilitating the financing of small businesses, policies to boost infrastructure investment, which will in t
urn spur demand for industrial products, are also expected to be rolled out, said Zhang Wenhui, a researcher
上海千花网with the Industrial Economy Institute at the China Center for Information Industry Development.
“In addition, more provincial and municipal governments are expe
cted to set out plans to improve industrial profits,” Zhang said, citing that local gov上海千花网女神会所
ernments had stepped up efforts to improve business environment and clear arrears owed to SMEs in the first half.
上海千花网As policy support takes effect and eases the burden of costs and expenses faced by industrial fir
ms, growth in industrial production and profit may stabilize in the second half, Zhang said.
New animated film based on a mythological figure smashes box-office records, Xu Fan reports.上海千花网
Smashing box-office records in animation, the film Ne Zha has proved to be a dark horse, tipp
上海千花网ed to lift up the Chinese film industry, which has experienced a slowdown in the past five months.
The film, which topped the mainland’s ticket-revenue charts for four consecutive days, has grossed more than 800 mill上海千花网女神会所
ion yuan ($116 million) since it hit domestic theaters on Friday, according to live box-office tracker Maoyan.
上海千花网女神会所Ne Zha‘s takings totaled over 100 million yuan in the first day itself, surpassing the threshold figure faster than any other Chinese animated film.
The film has also broken two other box-office records.