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As one of the pillar industries of China's economy, the automobile industry is experiencing varied market challenges and uncertainties. As a result, motions submitted by deputies from the country's leading automakers to the 13th National People's Congress, China's top legislative body, have attracted attention. The motions cover the new energy vehicle industry, intelligent vehicles, intelligent driving, clean burning fuel and developing overseas markets. These are deemed to exert a massive influence on the industry by insiders.

As of the end of June, PSBC had granted small loans worth a total of 1.54 trillion yuan (4.26 billion), and each loan was about 70,000 yuan on average. The balance of its small poverty alleviation loans reached nearly 7.5 billion yuan, up by more than 29 percent from the beginning of this year.

As of end-September, China's private funds amounted to 10.32 trillion yuan (.58 trillion), up by 860 billion yuan in the third quarter. About 63 percent of the total were funds for private equities and venture capital, which stood at nearly 6.48 trillion yuan.

As of Tuesday noon, China's city commercial banks and private banks have offered credit support of 298.3 billion yuan (.8 billion), according to the China Banking Association.

As per the State Administration of Foreign Exchange Shanghai branch, the cross-border capital pool will help market entities to make better use of the domestic and overseas markets, reduce financing cost and use the capital more efficiently.