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China in April said it aims to raise foreign ownership limits in securities, fund management and futures firms to 51 percent. The announcement came as the US and other trading partners complain of unfair limits on competition.
China is also a signatory state to a host of UN conventions, including the International Covenant on Economic, Social and Cultural Rights, the International Convention on the Elimination of All Forms of Racial Discrimination, the Convention on the Elimination of All Forms of Discrimination against Women, the Convention against Torture and Other Cruel, Inhuman or Degrading Treatment or Punishment, the Convention on the Rights of the Child, the Convention on the Rights of Persons with Disabilities, and the Protocol to Prevent, Suppress and Punish Trafficking in Persons, Especially Women and Children, Supplementing the United Nations Convention against Transnational Organized Crime.
China has pledged to continue with registration-based IPO reform with plans to apply the system to the country's other boards, including the A-shares, as was written into the revised Securities Law effective on March 1.
China has the potential to become the world's largest market for autonomous vehicles, said consulting firm Mckinsey. It estimates that such vehicles will make up more than 40 percent of new vehicle sales in China by 2040.
China is stepping up financial support for small businesses by encouraging small and medium-sized banks to offer loans to these enterprises at lower rates, with the help of the central bank's re-lending and rediscount program.
来源：资阳报