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China will further promote the amendment and supporting legislative formulation of the Anti-monopoly Law (AML), lay down anti-monopoly guidance, and reinforce investigation and treatment of administrative monopoly cases, said Gan Lin, vice-minister of the State Administration for Market Regulation, on July 31. Government officials and experts from worldwide, and executives of Chinese and multinational companies in various industries welcomed the administration's decision for a better and fairer market.
China's advance also comes as countries including Germany, Japan, and South Korea are unanimously turning to translate technological findings into new commercial products, according to the report.
China's bond market stood at about 86 trillion yuan (.84 trillion) by the end of 2018, with about 1.8 trillion yuan held by global investors, up 46 percent year-on-year, showed China's official data.
China's central bank continued to see net foreign exchange sales in June as capital flight pressure persists, but a mild month-on-month increase shows that the pressure has largely eased compared to the beginning of the year, data showed on Monday.
China will launch promotional and educational activities across the country this year to celebrate the 40th anniversary of reform and opening-up.