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China's securities regulator has refused 46 A-share initial public offering applications this year, exceeding the total amount for the previous four years, a move to promote the reform of the registration-based IPO system and guarantee steady development of the stock market.
China-US trade talks will continue to have a significant impact on both bilateral and global trade, and good economic and trade relations between the two world's two largest economies are vital for continued economic growth and recovery, Nie Wen, a macroeconomy analyst at HwaBao Trust, said in a research note.
China's third-party mobile payment market has been growing rapidly in recent years, offering consumers a more convenient alternative to bank payment channels.
China's reform and opening-up has opened up new vistas for the country while lifting more than 800 million people out of poverty. The use of social and scientific innovation in economic growth and technology, and a focus on "made in China", apart from reforms at all levels, including industry, education, health and other important areas, are reasons behind the country's progress and prosperity.
China's top court has modified rules on handling disputes related to private loans in a bid to meet the need of the country's economic development, improve vitality of market entities and regulate private lending activities.
来源：资阳报