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China's central bank has skipped open market operations for the past week, citing sufficient liquidity in the banking system as rising fiscal spending near year-end is sufficient to offset impacts of maturing reverse repos.
China will resolutely push forward the opening-up of the country's financial industry regardless of how the international situation changes. [Photo/Sipa]
China's biotech industry has also been on the path of tremendous growth and Chinese biotech companies are in very good shape and on a strong trajectory due to tail winds, pointing to improvements in the clinical development environment, more channels to provide priority reviews based on clinical needs, expanding reimbursement over the past few years and the rise of local biotech hubs that provide opportunities for companies to work closer together, he said.
China will step up efforts to diversify export markets and actively expand imports, Li said. To better attract foreign investment, China will further relax controls over market access, shorten the negative list for foreign investment, and permit wholly foreign funded enterprises to operate in more sectors, Li added.
China's GDP growth rate in 2017 is expected to reach 6.9 percent, said Premier Li Keqiang at the second Lancang-Mekong Cooperation leaders' meeting on Wednesday.
来源：资阳报