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China will encourage foreign institutions to raise funds through renminbi-denominated bonds in the interbank bond market, as part of efforts to accelerate the opening-up of the financial market and improve the renminbi's internationalization.

China's Hainan Island, located at a similar latitude with world-renowned holiday resort Hawaii, is again among the top choices for domestic tourists to spend their Spring Festival, which falls on Jan 24 and is one of the nation's most important festivals, said a report from the country's largest online travel agency, Ctrip.com Group.

China will likely intensify monetary easing and adopt more pro-growth measures to stabilize growth and prevent a dramatic economic slowdown as policymakers have sent strong loosening signals at several key meetings, analysts said.

China's Assistant Minister of Commerce Li Chenggang told a recent news conference that China does not pursue a trade surplus and is willing to import more commodities from ASEAN countries.

China's banking industry had surpassed that of the Eurozone and the United States three years in a row when it comes to tier-1 capital, total assets, and total pre-tax profits, according to Yuan Xiaohui, a researcher from Bank of China's Institute of International Finance.