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China's central bank took targeted monetary policy measures on Monday to calm stock market and fill the liquidity gap for small and medium-sized banks, building a cushion to stabilize economic growth amid trade tensions.
China will facilitate the establishment of bilateral and multilateral platforms for entrepreneurship, support demonstration bases to deepen opening-up, and enhance international cooperation to ramp up global entrepreneurship, it said.
China will strengthen counter-cyclical adjustments in its macro policy in 2019, with bolder and more effective measures to be taken to implement the proactive fiscal policy, according to the annual Central Economic Work Conference held last week.
China's A-share market is expected to regain its upward momentum in the second quarter of the year with the recovery in domestic economic conditions as well as global investor sentiment, analysts with CITIC Securities said in a report.
China's banking industry had surpassed that of the Eurozone and the United States three years in a row when it comes to tier-1 capital, total assets, and total pre-tax profits, according to Yuan Xiaohui, a researcher from Bank of China's Institute of International Finance.
来源：资阳报