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China's Foreign Investment Law will provide legal protection for opening-up at a higher level and further strengthen confidence of foreign investors, senior officials and experts said.
China's central bank, the People's Bank of China, announced a cut in the reserve requirement ratio by 1 percentage point on Friday, freeing up 6 billion capital for lending.
China's SOE reform has solved long-standing challenges imposed on SOEs for years, said Xiao Yaqing, head of the State-owned Assets Supervision and Administration Commission of the State Council (SASAC).
China's Ping An Insurance for example has launched a campaign addressing rural poverty, establishing a fund that will help promote and subsidize grassroots initiatives.
China's central bank on Thursday left interest rates for open market operations unchanged by fixing the rate for seven-day reverse repos — money sold and quickly bought back — at 2.45 percent, with the 14-day tenor, or payment time, at 2.60 percent and the 28-day tenor at 2.75 percent.
来源：资阳报