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China's central bank will formulate regulations on finance infrastructure construction to guarantee national financial safety, its deputy governor said on Saturday in Beijing.
China will further promote the amendment and supporting legislative formulation of the Anti-monopoly Law (AML), lay down anti-monopoly guidance, and reinforce investigation and treatment of administrative monopoly cases, said Gan Lin, vice-minister of the State Administration for Market Regulation, on July 31. Government officials and experts from worldwide, and executives of Chinese and multinational companies in various industries welcomed the administration's decision for a better and fairer market.
China's Minister of Finance Liu Kun said in an interview the proactive fiscal policy will prioritize four areas, namely cutting taxes and fees, improving weak links, boosting consumption, and improving people's livelihood.
China's 100,000-station gasolene retail sector is set to transition to the digital age on the back of deepening reform and opening-up, industry insiders said.
China's central authorities have been stepping up efforts to deepen SOE reform. In one example, the mixed ownership system was introduced to enable the companies to shore up their earnings. The reform covers key industries such as electricity, oil and gas, railway, civil aviation and the military-industrial sectors.
来源：资阳报