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China welcomes Pacific island countries to take a ride on the express train of its development by promoting all-around cooperation, President Xi Jinping said on Friday.
China still faces a number of major economic challenges that could dampen its future growth, such as the continued global spread of the coronavirus and an unfavorable international economic and trade environment, he said.
China welcomes qualified German-invested banks in China to apply for depository business licenses for Chinese Depository Receipts－certificates that allow investors to hold shares listed across borders, such as US depositary receipts, according to the statement, released on the website of China's Ministry of Finance.
China still has sufficient monetary policy space and tools and is the only country that still leverages conventional monetary policy, said Ma. "The PBOC has not yet used up all of its bullets at the same time."
China is willing to continue to play a constructive role, he added.
来源：资阳报