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China has sped up financial opening-up in recent years. In 2018, the country removed foreign ownership caps of banks and financial asset managers. Foreign capital was also allowed to have majority ownership of securities firms, fund managers and futures companies in China.
China has strengthened financial regulations and broadened regulatory oversight to include products not counted on the balance sheets of financial institutions, such as so-called wealth management products, to forestall financial risks.

China is boosting its international freight capacity and stabilizing cross-border logistics amid the novel coronavirus pneumonia pandemic with a slew of measures, a Ministry of Transport official said.
China is also a signatory state to a host of UN conventions, including the International Covenant on Economic, Social and Cultural Rights, the International Convention on the Elimination of All Forms of Racial Discrimination, the Convention on the Elimination of All Forms of Discrimination against Women, the Convention against Torture and Other Cruel, Inhuman or Degrading Treatment or Punishment, the Convention on the Rights of the Child, the Convention on the Rights of Persons with Disabilities, and the Protocol to Prevent, Suppress and Punish Trafficking in Persons, Especially Women and Children, Supplementing the United Nations Convention against Transnational Organized Crime.
China is now the world's second largest catering market after the United States, with total revenue topping 4.2 trillion yuan (6.5 billion) last year. And industrial data showed that China's food industry is in the midst of a transition towards health and safety.
来源:资阳报