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Data released at the forum shows that, compared with the financial penetration rate of more than 80 percent in mature markets, such as Europe and the United States, the share of China's auto finance penetration rate reaches less than 50 percent.
Data also showed that during the first six months, China closed down more than 600 companies that produced inferior steel, with a production capacity of 120 million tons.
Deepening supply-side structural reform this year require a neutral and moderate monetary environment. On the other hand, authorities need to improve monetary policy with new tools and mechanisms, Zhao said. Risk control in the financial sector will continue to be the priority in both regulation and reform.
David Wu, senior partner of PwC China's Beijing branch, pointed to China as a staunch defender of economic globalization.
Data from the General Administration of Customs showed that China's export value increased by 2.4 percent on a yearly basis during the first 10 months of this year, exceeding market expectations. But the value of the global trade in goods contracted by 14 percent on a yearly basis during the first six months, according to World Trade Organization estimates.
来源：资阳报