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China will accelerate the debt-for-equity swaps of qualified companies to reduce high corporate leverage, resolve financial risks and support overall economic growth, the country's top economic regulator said.
China said on Thursday that its "unreliable entity list", which seeks to punish firms, organizations or individuals that damage national security, is not targeted at any specific country or company and will be applied in accordance with the rules, according to the Ministry of Commerce.
China will continue to provide support for Djibouti's economic and social development, exchange experience on development, and encourage competitive Chinese enterprises to invest and expand businesses in Djibouti, he said.
China promised a more proactive and effective fiscal policy in 2017, with the fiscal deficit set at 3 percent of GDP, or 2.4 trillion yuan, up 200 billion yuan from 2016.
China stands as the third-largest market for Rolls-Royce aircraft engines after the United States and the United Kingdom, and the sales gap between China and UK is fairly small, the company said.
来源：资阳报