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China is stepping up its opening up in the financial sector, and has greenlighted full foreign ownership of securities firms, futures businesses and life insurance companies by 2020 - a year earlier than scheduled, he said.
China imported 419.6 million metric tons of crude oil last year, surpassing the United States to become the world's No 1 importer. Imports are expected to make up more than 70 percent of China's crude oil supply in 2018 amid sound economic growth, and all crude exporters are hoping to grab a larger slice of the pie.

China is an increasingly attractive destination for ASEAN tourists. More than 3 million Vietnamese tourists visited China last year, up 46.6 percent year-on-year.
China has stepped up support for strategic emerging industries including tax cuts and financial aid in an effort to speed up industrial upgrades.
China hopes to continue working with all related parties to fully and effectively implement the spirit of the Declaration of Conduct in the South China Sea, promote negotiations toward a code of conduct in the region and enhance maritime cooperation, the spokeswoman said.
来源:资阳报