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Copper, also considered at indicator of economic activity because it is used extensively in electrical products and construction, fell 0.75 percent.
Considering the need to sustain financial stability, regulators have extended the interim period that allows existing financial holding companies to apply for new business licenses from six months to 12 months. In addition, the central bank should determine whether to approve a certain company's business license or not within a six-month period, said a document released on the government website.
Consumption has become a major pillar of the Chinese economy and the country is expected to increase support for consumption of services, such as health, education, culture, sports and entertainment to boost growth, Liang added.
Continue reading for edited excerpts from our discussion.
Containers are seen at Yangshan Deep Water Port, part of the Shanghai Free Trade Zone, in Shanghai, Feb 13, 2017. [Photo/Agencies]
来源：资阳报