And, although energy prices turned down briefly during the summer as gasoline margins returned to more normal levels, the latest indicators are pointing to significant increases in energy prices again this quarter.
Credit community will benefit not only micro credit extension but also other types of loan extension. I wish every commercial bank could participate in the establishment of credit community; in particular, branches of the People’s Bank of China at all levels should assist labor and social security departments to establish credit communities to promote implementation of micro credit extensions to laid-off workers. 5.