The car blast occurred at a busy

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BEIJING Cheap Nike Air Max Plus 97 , July 19 (Xinhua) -- China's commercial banks will see their bad loan ratio remain generally stable and slightly retreat in the coming quarters, a report released by China Orient Asset Management predicts.

In the fourth quarter of 2016, Chinese lenders' non-performing loan ratio declined for the first time since 2012 to 1.74 percent, suggesting that loan losses posing risks to the country's financial market are easing.

The ratio stood unchanged in the first three months of 2017.

Citing results from sample surveys and data analysis Cheap Nike Air Max Plus TN , the report concluded that the banks' bad loan ratio would remain stable from the second quarter of 2017 to the first quarter next year.

But as China pushes ahead with economic structural upgrades, the ratio would still face upward pressure, the report added.

China Orient Asset Management is one of the country's four asset management companies set up in 1999 to deal with the toxic assets of state-owned banks in a bid to help them transform to market-oriented financial institutions.

China supports two-state solution on Palestinian issue: President Xi

In pics: scenery of Guomang wetland in NW China

On Nelson Mandela Day, UN calls for actions to improve world

Around 2 Cheap Nike Air Max Plus Mens ,000 people evacuated from UN headquarters after fire alarm

In pics: China's CH-5 drone completes trial flight

In pics: ethnic embroidery show in SW China's Yunnan

Chinese aircraft carrier formation conducts coordination training

Monkeys enjoy cool mist, watermelon at Quanzhou Wildlife Zoo in Fujian

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MOGADISHU, Nov. 24 (Xinhua) -- A senior Somali security official was killed and three others were injured in an explosion in the restive capital Mogadishu on Thursday, officials said.

Spokesman of the local government in Mogadishu Abdifitah Omar Halane said the United Arab Emirates (UAE)-trained military officer was killed after a bomb which was fitted in his car exploded in Shibis district in Mogadishu.

"It was a car bomb blast that targeted the security official, the official died on the spot and three other soldiers were wounded in the blast," Halane said.

He said security officers have launched investigations in the latest incident which no group has claimed responsibility. "The security forces are pursuing the attackers," Halane said.

The car blast occurred at a busy street at Mano-Bolyo junction in Mogadishu's Shibis district on Thursday noon. However, the police suspect that the militant group is behind the attack.

Independent sources say the official and the three other soldiers were working for UAE Embassy in Mogadishu.

Somali security troops and African Union Mission in Somalia (AMISOM) troops have stepped up security across the Horn of Africa nation as the country prepares to elect the presidential and speakers of both Houses next week.

FRANKFURT, Nov. 11 (Xinhua) -- Germany's largest automobile manufacturer Volkswagen on Friday reported that the Chinese market remained the main driver of the 1 percent growth in its worldwide passenger-vehicle deliveries in the first 10 months this year.

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