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China's insurance regulator has stepped up the regulation of insurers' assets and liabilities by releasing a new set of rules, aiming to reduce the sector's exposure to risky assets and curb potential liquidity risk resulting from aggressive business strategies.
China's imports of crude oil surged beyond 400 million tonnes in 2017, while imports of natural gas rose 26.9 percent year on year to 94.6 billion cubic meters, according to the General Administration of Customs.
China's new yuan loans exceeded market expectations in July, during which time the growth of the broad money supply, or M2, rebounded to a five-month high after the central bank sought to increase policy support for nonfinancial sectors amid downward pressure.
China's infrastructure development projects in Africa have been boosting employment while enabling skills development and technology transfer, according to speakers at a seminar recently organized in Ethiopia's capital Addis Ababa to deliberate on the China-proposed Belt and Road Initiative.
China's emphasis on innovation in recent years has led to more opportunities for global clinical development and research programs to be carried out in the country, which has benefitted its people, said the executive of a leading German pharmaceutical company.
来源：资阳报