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China set a CPI growth control target of 3 percent for this year in March. In 2017, real CPI growth was 1.6 percent.
China will continue to promote fair market competition in the financial sector. But some giant fintech groups are "hindering fair competition and obtaining excess returns", and taking advantage of "data monopoly", said the CBIRC chairman.
China unveiled its first nationwide regulations for car-hailing services in July 2016, granting legal status to the industry. Beijing issued a draft local regulation for the service last year, which took effect in December.
China neither attaches political strings to its investment in Africa nor intervenes in the internal affairs of other countries, nor does it come up with demands that are against the will of others, Xi said.
China needs to open a special market for trading bonds in default. The proposed measure can help inject funds into the corporate financing market and tackle any heightened corporate credit risks. A complex mechanism for the purpose is under discussion, an expert told China Daily.
来源：资阳报