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China needs a super regulator for its present transition. And for its future development, it needs perhaps an even larger regulatory system, headed by an effective, forward-looking larger regulator. The new banking and insurance regulatory commission is expected to play this role.
China recently released a series of measures for opening-up and will further reduce market access threshold, lowering shareholding ratios of foreign companies in fields such as automaking and the financial sector, he said. Intellectual property rights protection will be strengthened and a business environment of fair competition will be accelerated, which provides more opportunities for companies from Germany, Europe and other countries and regions, he added.
China set its monetary policy as prudent and neutral for 2017 as authorities try to balance financial deleveraging and support economic growth.
China urged the United States to respect Beijing's positions on key issues concerning Taiwan, Hong Kong and Xinjiang, asking Washington to stop interference of any form in such issues and work to build a stable and cooperative bilateral relationship.
China marked the 44th International Museum Day on Monday with offline and online activities, including the donation of items at the Nanjing Museum related to the COVID-19 outbreak by medical workers from Jiangsu province.
来源：资阳报