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As part of the country's efforts to boost the development of private companies, the funds will first be used in companies across a variety of industries including high-end manufacturing, new energy, new materials and biological medicine, in both domestic and global markets.

As of the end of the second quarter, outstanding credit card loans overdue for six months increased by 5.19 percent quarter-on-quarter to 83.88 billion yuan (.86 billion), according to the People's Bank of China, the country's central bank.

As of Saturday, 81 tourist attractions in Shandong, including Taishan Mountain and the World's Best Spring Scenic Area, have begun reducing ticket prices from 20 percent to 50 percent in a campaign that will last until the end of this year, according to a notice issued by the province's culture and tourism department.

As many US steelmakers recently see growth in business and cheer US tariffs that could encourage more domestic production, Adler's company, Stripmatic Products Inc in Cleveland, is among thousands of small and medium-sized companies in the metal forming industry – which includes processes such as stamping, spinning and fabricating — that say the tariffs are hurting their businesses and costing them jobs.

As part of the company’s fourth quarter financial update, Apple CEO Tim Cook said Apple Card users will soon be able to finance iPhone purchases over 24 months with 0 percent interest. Plus, they’ll still get 3 percent cash back on the purchase.