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BEIJING, May 25 (Xinhua) -- The Tsinghua Global Finance Forum 2019, organized by Tsinghua University PBC School of Finance (PBCSF), has opened in Beijing on Saturday.
The two sides will enhance their mutual support on their respective core interests, and improve exchange and cooperation mechanisms at all levels and in different fields, Ren Guoqiang, spokesperson of the Ministry of National Defense, said at a press conference.
It was pointed out at the meeting that a market-oriented, law-based debt-to-equity swap is an important measure to help companies with promising market potential to tackle the debt burden, promote steady growth and prevent risks. Debt-to-equity swap programs worth over 900 billion yuan (about 130 billion U.S. dollars) have been implemented since early last year, resulting in a marked improvement in the performance of the companies concerned.
The debt-to-asset ratio of the SOEs went down 0.2 percentage points to 64.3 percent, according to the MOF.
China will not give ground on issues of principle during bilateral economic and trade talks, which are clearly stated in a white paper on bilateral trade consultations issued earlier this month, MOC spokesperson Gao Feng told a press conference.
来源：资阳报