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China nominated Jin Liqun, the incumbent president of the Asian Infrastructure Investment Bank, as candidate for a second term in this position, as the bank began its new presidential election on Tuesday.
China will advance the construction of 150 major water conservation projects in 2020-2022. These projects are expected to increase the storage capacity for flood control by 9 billion cubic meters and the annual water supply capacity by 42 billion cubic meters, said Su Wei, an official with the National Development and Reform Commission.
China will continue to have a positive and prudent approach to the rapid growth of its financial technology industry, but will keep a close watch on "too big to fail" cases in the sector, while enacting timely and targeted measures to prevent new systemic risks, a top regulatory official said.
China so far has had three rounds of pilot central SOEs mixed-ownership reform, with some firms, such as the country’s telecom giant China Unicom, having introduced non-State investors. The results of the reform have been broadly positive, Xiao said.
China opening up to world
来源：资阳报