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China should accelerate banks' initial public offerings so that small and medium-sized commercial lenders can raise funds from capital markets and better serve small businesses, experts said.
China produced the most billionaires last year (55) and along with India it had three-quarters of the world's newly minted dollar billionaires, a report released Friday by Switzerland's UBS bank and international services network PwC showed.

China ploughed ahead with renminbi internationalization, widening the range of domestic assets that foreign investors can buy and sell, which may spur the usage of the currency, HSBC Malaysia's Chief Executive Officer Mukhtar Hussain said in a statement on Friday.
China slammed some United States lawmakers for displaying a double standard on Wednesday over a bill they introduced to stop sales of nonlethal crowd control equipment to Hong Kong, urging them to stop indulging violence and crime.
China is well on track to achieve its carbon emission targets set for the 13th Five-Year Plan (2016-20), according to Li Gao, an official from the climate change department of the commission.
来源:资阳报