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China pledged to implement the proactive fiscal policy in 2018. Improving economic momentum and rising fiscal revenue have provided more room for policy makers to maneuver.
China suggested necessary reforms of the WTO be made so as to overcome the crisis, strengthen its authority and efficacy, and enlarge its relevance in terms of global economic governance. [Photo/VCG]
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 welcomes qualified German-invested banks in China to apply for depository business licenses for Chinese Depository Receipts－certificates that allow investors to hold shares listed across borders, such as US depositary receipts, according to the statement, released on the website of China's Ministry of Finance.
China promulgated a dual-credit policy in 2017, which assesses carmakers in terms of both fuel consumption and new energy vehicle production.
来源：资阳报