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China is expected to play a positive role in the upcoming RCEP talks, which will be the first leaders' meeting since its launch in 2012. RCEP is a free trade pact involving the 10 ASEAN members and six other countries -- China, India, Japan, South Korea, Australia and New Zealand.
China is moving closer to the official launch of the registration-based initial public offering system on the ChiNext startup board in Shenzhen with the securities regulator and the bourse busy with the final policy preparations for the much-anticipated IPO reform.
China has rolled out a set of measures to help small and micro businesses overcome difficulties caused by COVID-19, including encouraging financial institutions to provisionally defer loan repayments and increasing lending at concessional rates.
China is hoping that the G20 Summit will play a similar role to the one in London in 2009 — which produced a concerted response to the global financial crisis — and steer the world away from a path toward protectionism.
China implemented a revised foreign investment catalog earlier this year, which relaxed restrictions on foreign investment in a number of industries.
