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China's cross-border e-commerce market has grown remarkably. In just three years, the import proportion of total e-commerce sales had soared from 1.6 percent in 2014 to 10.2 percent in 2017. The nation's online retail market－now the world's largest e-commerce market－reached 7.2 trillion yuan (.04 trillion) in 2017, up 32.2 percent year-on-year.
China's insurance regulator barred Yao Zhenhua, chairman of Foresea Life Insurance, from the insurance sector for 10 years for irregular market operations.
China's improving economic fundamentals are behind balanced cross-border capital flows and contribute to stability. "People in China and abroad have had more confidence in the country's long-term economic and social development following the successful 19th National Congress of the Communist Party of China," the statement said. It will help maintain the stability of the foreign exchange reserves, the statement said.
China's massive SOE system to date has already demerged fire services, schools, hospitals and subdistrict offices after years' of reform.
China's inclusive finance services developed steadily last year. [Photo/IC]
来源：资阳报