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China will push ahead with supply-side structural reform in the financial sector to help private enterprises solve financing difficulties and reduce financing costs, said Guo Shuqing, Party secretary of the People's Bank of China and chairman of the China Banking and Insurance Regulatory Commission.
China's central bank announced on Sunday it is cutting the cash required to be held in reserve in commercial banks by one-half percentage point starting July 5, a measure designed to make it easier to lend to small and microsized companies.
China's Belt and Road Initiative creates immense opportunities for its win-win cooperation with the rest of the world. After President Xi Jinping first proposed it in 2013, the initiative has elicited warm responses and wide support from the world. The first Belt and Road Forum for International Cooperation, hosted by President Xi in May last year, attracted more than 1,600 participants from some 140 countries and over 80 international organizations. Five years on, the initiative is becoming an unfolding reality: more than 100 countries and international organizations are now on board, a great many projects have kicked off, trans-national infrastructure connectivity is taking shape, manufacturing cooperation is gaining momentum, governments are doing more to coordinate development policies, and people in the participating countries are benefiting from the Belt and Road cooperation. Five years on, trade between China and other participating countries has exceeded 5 trillion US dollars in cumulative terms, Chinese investment in these countries has exceeded 70 billion dollars and more than 200,000 local jobs have been created. These are clear proof that all relevant countries have benefited from their participation in the Belt and Road Initiative. The initiative is proving to be an enabler of economic growth for many countries, especially developing ones, and it is bringing a new hope for their people. All this is a vivid demonstration of China's efforts toward building a community with a shared future for mankind.
China will not introduce financial products such as carbon futures in the early stage as some other countries did because speculative behavior will do more harm than good in encouraging actual carbon reduction, according to Jiang.
China will significantly ease market access, and hopes that the EU will keep its investment market open and provide Chinese companies investing in Europe a fair, transparent and predictable policy environment.
来源：资阳报