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China has been stepping up efforts in recent years to allow foreign investors wider access into the fast-growing domestic bond market, including encouraging the issuance of "panda bonds," or yuan-denominated debts, sold by foreign issuers in China.
China has endured 21 major floods so far this rainy season, one more than in 1998. As of Tuesday, alert-triggering floods have occurred in 833 major rivers, and 77 of those waterways experienced their most severe floods on record, according to the Ministry of Water Resources.
China has also been the largest export market for the least developed countries in the world, absorbing one-fifth of the exports of the world's least developed countries.
China has also tailored its policy measures to leave no one behind, which includes sending officials to villages to help the local people, organizing vocational training, providing small loans, facilitating resettlement of poor residents to better-off areas, and tapping the potential of e-commerce and tourism, Zhang said.
China has allowed asset investment companies controlled by banks to set up investment plans with debt-to-equity swaps as underlying assets for the purpose of expanding sources of funding for lenders so they can invest in such debt-to-equity swaps.
来源：资阳报