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China's banking and insurance sectors will forgo part of their profits this year to stabilize the real economy by lowering lending rates, comprehensive financing costs and insurance premiums for companies, and they will offer some free consulting services to small businesses, said Xiao Yuanqi, chief risk officer of China's top banking and insurance regulator.
China will work to refine the legal support system of the Belt and Road to enable better settlement of disputes and foster a business environment governed by the rule of law, State Councilor and Foreign Minister Wang Yi said on Monday.
China will continue to strengthen its juvenile justice system, classify juvenile delinquencies on different levels and form a joint force with society to better protect the underage and prevent juvenile crimes, said Tong Jianming, deputy procurator-general, on Tuesday.
China's Belt and Road Initiative is drawing on a new type of regional strategy that can lead to "Globalization 2.0," said a renowned Chinese expert on international relations.
China will keep its door open to European investors and expects the EU side to do the same, he added.