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Chen Li, head of research at Chuancai Securities, said that banks' and insurers' participation in the Treasury bond futures market is an example of China's capital market becoming more mature and more in line with international practices as Treasury bond futures have been a standard and important tool in developed markets.
China (Shanghai) Pilot Free Trade Zone, the first of its kind in the country, has been working as a driving force of deepened reform and opening-up, with the number of innovative ideas and policies duplicated and promoted worldwide as President Xi Jinping called for in 2014.
Chen Xiaolong (left), head of Anji county, Zhejiang province, promotes local agricultural products via a livestreaming platform on April 3. [Photo by Niu Jing/For China Daily]
Chief government spokesperson Dora Siliya tweeted a denial of the report that said the government was seeking to sell some public assets, pointing out that some of the China-funded projects had not even been completed.
Chen said the US apparently ignored China's contribution, and seeks to reduce the trade deficit between the two countries by adopting unilateral trade protectionism. "The US has taken the wrong remedy. It will damage the global economy and hurt the US economy itself, " Chen said.
来源：资阳报