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China will control local government debt growth, crack down upon financial irregularities and improve supervision on Internet finance, according to Xi.
China's central bank Friday unveiled a draft of a mechanism arrangement for trading of matured defaulted bonds to consult public opinion on the document by July 13.
China's central bank also started a key interest rate market-oriented reform on Tuesday, which is expected to boost corporate earnings by reducing lending costs and lowering the risk-free interest rate, both of which would be supportive to stock prices.
China's Internet healthcare market size was about 200 million yuan (.3 million ) in 2009, but soared to 22.3 billion yuan in 2016, and is estimated to exceed 90 billion yuan by 2020, according to a Sootoo Research Institute report.
China's auto market is showing signs of recovery with the drop in sales in March smaller than in recent months, and it is expected to stop declining completely by the middle of the year, officials of the country's leading auto industry association said.
来源：资阳报