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As China reduces excessive capacity in the coal mining, steelmaking and power generation sectors, coal-rich Guizhou province in Southwest China is digging further into eco-friendly drivers of economic growth with the help of Agricultural Bank of China Ltd, which is making the same adjustments to its direction of lending.

Around 140 million households are earning between 100,000 yuan (,286) and 500,000 yuan each year, which is the household income "sweet spot" for purchasing cars and houses, and discretionary spending on leisure and traveling.

As HGI marks the 10th anniversary of its inception in Hong Kong this year, Sun has set his sights on the global stage, seeing a severe mismatch between China's growing economic prowess and the negligible presence of foreign investors in the country.

As China and India cooperate closely in culture and sports, bilateral exchanges in science and technology can also be promoted to a higher level, he said, adding they hope that through this event, young scholars of the two countries can inspire each other and bring new opportunities of cooperation.

As China's financial regulation has been further tightened during the past year, especially to limit the less-transparent and high risky shadow banking activities, commercial banks are facing increased pressure on capital management－which is usually one of the central approaches to prevent risks.