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China's NEV makers have been experiencing a tough year as cuts in government subsidies weighed on sales.
China's centrally administered SOEs, supervised by the SASAC, on Monday reported double-digit growth in business revenues and profits in 2017. They gained a total of 1.4 trillion yuan (6.8 billion) in profit, up 15.2 percent year-on-year. Total revenue of the centrally administered SOEs rose 13.3 percent year-on-year to 26.4 trillion yuan in 2017.

China's central bank said it will boost the opening-up of the country's bond market this year while improving the rules dealing with bond defaults, in order to prevent and reduce financial risks.
China's capital account opening, according to the global standards set by the Organization for Economic Cooperation and Development, had been about two-thirds accomplished by June, Lu added.
China will further open the financial industry to foreign companies by removing ownership restrictions in the securities, funds, futures and insurance sectors next year.
来源:资阳报