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China said on Monday that it had approved .74 billion of additional quotas for 13 qualified foreign institutional investors in the first four months of this year, which already exceeds the total quota approved in 2018. Among that, a total of .2 billion in quotas were approved for nine institutions under the QFII scheme in April, said the State Administration of Foreign Exchange, the country's foreign exchange regulator.
China overtook Japan as the world's largest market for industrial robots in 2013. Last year, it installed 90,000 new industrial robots. That's one-third of the world total and 30 percent more than the year before, data from the International Federation of Robotics show.
China released detailed regulatory requirements for mainland-listed companies to give foreign employees equity incentives on Tuesday, in a bid to further open up its capital markets.
China will continue its commitment to supporting the Red Cross humanitarian cause and encourage the Red Cross Society of China to strengthen exchanges with the International Committee of the Red Cross under the framework of Belt and Road Initiative, Vice-President Wang Qishan said.
China plans to solidify the foundation for growth by accelerating investment that addresses gaps in the economy. The announcement came as positive economic signs emerged for the first quarter.