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BEIJING -- The resumption of elderly care services should be carried out in an orderly manner across the country, according to a guideline issued by the Ministry of Civil Affairs.
BEIJING -- The Bank of China (BOC) had approved more than 0 billion of credit and funded over 600 major projects under the Belt and Road Initiative (BRI) by the end of June, according to BOC semi-annual report released Friday.
BEIJING -- Xi Jinping, general secretary of the Communist Party of China (CPC) Central Committee, on Thursday asked CPC officials to remain loyal to the Party "at any time, and under any circumstance."
BEIJING — China Securities Regulatory Commission (CSRC) has approved IPO applications from seven companies.
BEIJING -- Total assets of China Investment Corporation (CIC), the country's sovereign wealth fund (SWF), surpassed 0 billion as of August.The figure is more than triple the original capital of 9 billion when the fund was founded a decade ago. It has grown quickly to become the world's second-largest SWF, only after the Government Pension Fund of Norway, whose assets reached one trillion dollars last month.CIC has generated an annual return of 14.35 percent, with that from overseas investment at 5.51 percent."Compared with other financial institutions, our biggest advantage is that we are backed by the Chinese market," CIC's general manager Tu Guangshao said.By the end of 2016, almost half of CIC's overseas investment was in public equities, followed by alternative assets, fixed incomes, cash and others. Around two-thirds of the investment was externally managed.Tu said CIC's growth in the next 10 years will depend on its efforts to invest in China's economic transformation and push forward the global march."CIC will devote itself to serving as a bridge linking businesses and markets at home and abroad," Tu said.
来源：资阳报