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China's central bank issued the final version of the tightened asset management regulation on Friday, banning guarantees on investment products' fixed-yield returns and limiting leverage levels to curb potential financial risks.
China's central bank said in a statement on Wednesday that it has auctioned 20 billion yuan ( billion) in three-month and one-year bills in Hong Kong and the notes were six times oversubscribed, indicating high market demand for such issuance in Hong Kong.
China's auto sales and output continued to recover last month, with both figures rising to a higher level of about 2.5 million vehicles, industry data showed.
China will speed up its legislative process for creating biosecurity laws and relevant legal mechanisms so as to integrate biosecurity risk management into overall national security, Senior Colonel Wu Qian, spokesman of the Ministry of National Defense, said on Monday.
China's 25,000 twenty-foot equivalent units or TEU of exported goods arrive in Hamburg, Germany. In 2016, around 30 percent of TEU to Hamburg were from China. [Photo/Xinhua]
