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China is working on transforming its IPO approval system into one based on registration, which will allow the bourses to take over IPO approvals and clear the backlog of waiting companies.
China will boost the role of price-based monetary policy targets with interest rates as core, according to two sources with knowledge of the matter and a document seen by Reuters.
China will also complete its H-share full circulation trial soon, and anticipate overseas-listed Chinese tech firms to issue shares in mainland markets via China Depositary Receipts.
China removed the approval procedure for setting up retirement homes a year ago, only requiring such facilities to register before they are operational. The move aimed to boost investment in elder care to meet the demand from a quickly expanding older population, and to shift authorities' duty from giving approvals to day-to-day monitoring.
China will "take all necessary measures" to resolutely protect its legitimate rights and interests, which might be hampered by the possible US initiation of a Section 301 investigation into the country, said the Ministry of Commerce on Thursday.
来源：资阳报