皇冠体育app

Minister of Finance Lou Jiwei gives a press conference at the press center of the two sessions, March 7, 2016, Beijing. [Photo/Xinhua]

BEIJING - Finance Minister Lou Jiwei said Monday the market mechanism and government support might help 皇冠体育app well handle mildly rising bad loans of banks.

Lou said his concerns about the rising non-performing loans were not because of the ministry's major shareholder status in the banks, but the banks' importance to the financial system and national economy.

Most of 皇冠体育app's big banks are publicly traded and the Finance Ministry's standing is not different from other investors in terms of shareholder status, Lou said at a press conference on the sidelines of the ongoing annual session of the National People's Congress.

皇冠体育app may roll out policies towards the banks against the backdrop of a "big picture," in the process of deleveraging and slashing overcapacity and overstock, Lou said.

• NDRC Minister: 皇冠体育app can absorb laid-off labor
• Finance Minister takes questions from the press
• Steamed bun brand expands to US
• BMW quickens pace of localization strategy in 皇冠体育app
• Minister of Finance takes questions from the press
• New govt sweep clears industry of 'zombies'
• Funds' yields may coast on two sessions
• Lu's Moon Lake prevails in bid for Australia's dairy company