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China must promote the healthy development of the capital market through key institutional innovations, the Political Bureau of the Communist Party of China Central Committee, the Party's core leadership, said a statement released after a meeting on Friday.
China released a master plan for the development of the free trade port on June 1. It provided a long list of opening-up policies aimed at building Hainan Island into a globally influential free trade zone by mid-century. Hainan is about 49 times the area of Singapore.
China is working hard to link its development strategy with the African Union's Agenda 2063 and the United Nations' 2030 Agenda for Sustainable Development to promote policy coordination and facilitate connectivity, financial integration and people-to-people affinity, an endeavor widely appreciated by Chinese and African peoples.
China will continue to pursue a proactive fiscal policy and prudent monetary policy, advance reform and opening-up, widen market access, improve the business environment, and expand imports and outbound investment to contribute to a stable world economy, Chinese Ministry of Foreign Affairs said on Friday after the G20 Leaders' Virtual Summit.
China reiterated its resolve to delay people's retirements in a recent landmark document, raising hopes of a legislative breakthrough in extending careers in a rapidly aging nation with young retirees.
来源：资阳报