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China will reduce the risks of internet finance and peer-to-peer lending. [Photo/VCG]
China's bond market may attract more capital inflows than 2019 this year as some major central banks and private sector firms will increase their investment in Chinese bonds, said a research note from China Merchants Securities. Foreign institutions purchased Chinese bonds worth 457.8 billion yuan last year, up 32 percent from 2017, the note said.
China's "prudent" monetary policy stance has not changed and even has room to lower interest rates and increase liquidity, depending on the domestic economic outlook, Yi Gang, governor of the central bank, said on Sunday.
China's 4G users accounted for 79.1 percent of mobile phone users by the third quarter of 2019 and the number of optical fiber broadband users accounted for more than 91 percent of the total by the same period.
China's State-backed semiconductor fund is near to closing a 120 billion yuan (.98 billion) investment round for a second fund to support the domestic chip sector and help cut reliance on imports amid a bruising trade standoff with the United States.
来源：资阳报