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China should promote its own development while continuing with and expanding its opening-up policy, Xi Jinping, general secretary of the Communist Party of China Central Committee, said.
China rolled out a 4 trillion yuan (6.4 billion) fiscal stimulus that year and it worked. The strong, decisive actions helped China "insulate its markets from a virulent financial contagion."
China unveiled an array of measures this year to expand market access for foreign investors, including allowing foreign firms' 51-percent ownership of their brokerage ventures, up from the previous 49 percent.
China sold 507,000 NEVs last year, the most in the world for a second year and up 53 percent from 2015, CAAM data showed.
China supports innovation and development of platform enterprises and enhancing their international competitiveness, as well as the common development of public- and private-owned economies. But at the same time, companies should operate in accordance with the law and improve their digital rules, said Liu Junhai, a law professor at Renmin University of China who was quoted in the report.
来源：资阳报