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China's central bank is expected to release more capital into financial institutions, to ensure ample funds are lent to local governments－the key measure to strengthen investment and stabilize economic growth in the coming months, analysts said.
China will invest around 110 billion yuan (.2 billion) by 2020 to help the country's top 42 universities become first-class institutions, while creating 137 universities with first-class standing in specific fields, Yang Wei, former director of the National Natural Science Foundation of China, said during a panel discussion at the 20th annual meeting of the China Association of Science and Technology in Hangzhou, Zhejiang province, which opened on Saturday.
China's ODI has been making news. Zhejiang-based Geely Holding Group announced late last month that it acquired a 9.69-percent stake worth about .2 billion in Daimler AG through an investment fund, becoming the single largest investor in the German automaker.
China's capital of Beijing has unveiled new rules to raise the threshold for home buyers applying for mortgages through housing provident funds, in a bid to continue to step up property regulation.
China won't accept lectures from other countries and will object to the practice of double standards, he said, adding that the country is willing to step up exchanges with the EU under the principle of mutual respect to seek common progress.
来源：资阳报