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"Financing through local government financing vehicles is expected to become subject to increasingly strict regulation and more transparency" as the country strengthens risk controls, said Fu Yubin, a sub-sovereign research analyst at Moody's Investors Service.
"Good evening, everyone. It's a great pleasure for me to join you here to enjoy this traditional Chinese cultural feast," Charlie Hoffs, a Stanford University freshman, said in fluent Chinese when speaking at a Confucius Institute Day celebration here this weekend.

"Green finance must rely on innovation, as demand and supply are very complicated in this field of business," said Ma Jun, a member of the monetary policy committee of the People's Bank of China.
"Going forward, while large-scale privatization or closure of SOEs is unlikely, there will be more consolidation of SOEs through mergers and acquisitions, disposal of non-core SOE assets, mixed ownership reform and increased employee incentives," Wang said.
"Governments, enterprises, and everyone one of us must fully realize that in advancing digital transformation, security is no longer a vassal, but the foundation," Zhou said at the third Digital China Summit in Fuzhou, Fujian province, which ended on Wednesday.
来源:资阳报