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China has not set a GDP target, which could be good news for the world, said a signed article by Jin Keyu, a professor of economics at the London School of Economics and Political Science, which was posted on the Guardian website on June 1.
China has been intensifying regulatory scrutiny on lending activities to rein in financial risks. Only a week ago, 12 banks were fined a total of 295 million yuan over a bill fraud case in the northwestern province of Gansu.
China had 49 gigawatts of installed nuclear power capacity last year, the third largest globally. The sector continues to develop even though it makes up just around 5 percent of the country's total generation, compared with 70 percent in France, 19 percent in the United States and 12 percent in Germany, said Bloomberg New Energy Finance.
China has adopted a more vigorous fiscal policy and accelerated local government bond issuance. Next year the country will speed up implementation of major projects according to the 13th Five-Year Plan (2016-20), use funds raised through local government debt and public-private partnerships for these projects as soon as possible and attract private investments in the projects.
China has long called for a dual-suspension approach to ease tensions on the peninsula and to pave the way for denuclearization. That is for the DPRK to halt its nuclear and missile tests and the US and ROK to cease their joint military drills.
来源：资阳报