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China will finance and own 70 percent of the venture, while Laos will be responsible for the remainder.
China will intensify international cooperation to promote mutual recognition of standards to reduce repetition in testing and certification of products and services to facilitate international trade, a top market regulatory official said on Wednesday.
China's central bank launched its first swap program on Wednesday to transform 1.5 billion yuan (3 million) of perpetual bonds into central bank bills, a measure to support recapitalization for commercial banks and cushion risks, according to an official statement.
China will extend every possible support to Pakistan to make sure it gets maximum benefit from the CPEC, Bao said. "I am sure that the Rashakai Special Economic Zone will generate more jobs for young people in the region and boost the province's economic growth and potential."
China's GDP growth target was set for a range of 6-6.5 percent this year, slightly lower than 2018 but still within market expectations.
来源：资阳报