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China's gross domestic product (GDP) expanded 6.7 percent year-on-year in the first three quarters of 2018, above the government's annual growth target of around 6.5 percent.
China's foreign exchange regulator has stressed the goal of generally freeing up in-and outbound cross-border capital flows in the mid-term to long term, and of building a capital management foundation for personal investment in foreign markets, according to a senior official.
China's four large banks have been approved to set up branches in the Xiongan New Area of Hebei province, according to the website of China's Banking Regulatory Commission.
China's economic recovery is forecast to accelerate in the year's second half on the back of strong domestic policy support and the reopening of overseas markets. GDP growth is likely to rebound to about 5 to 6 percent in the second half while the growth rate is predicted to rise to around 7.5 percent next year, according to analysts with UBS Wealth Management.
China's consumer-oriented digital economy will gradually transform into a producer-oriented one, said Bai Chongen, dean of Tsinghua University's School of Economics and Management and a national political adviser, on Wednesday.
来源：资阳报