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China will make more targeted efforts to boost the financial sector's support for the real economy and ease financing woes for small companies, a State Council executive meeting chaired by Premier Li Keqiang decided on Friday.
China's 134 listed brokerages saw their H1 operating revenues reach 213.4 billion yuan (.5 billion), up 19.26 percent year on year, said the association. Besides, their net profits edged up 24.73 percent year on year to 83.15 billion yuan.
China will lift foreign ownership limits on securities, fund management and futures companies by the end of this year, a year ahead of the schedule, said the State Council's Office of Financial Stability and Development Committee last year when it announced 11 measures to further expand the financial sector's opening-up. The central government also allowed foreign asset managers to partner with subsidiaries of Chinese banks or insurers to establish foreign-controlled asset management companies.
China's basic position of being committed to improving bilateral ties with Japan, its close neighbor, has never changed.
China's National Development and Reform Commission on Thursday warned coal miners not to temporarily close to avoid inspections as the country's top economic regulator works to stabilize prices amid environmental and safety checks.
来源：资阳报