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China will modestly raise its budget deficit ratio, issue special sovereign bonds and bolster the scale of local government bonds as part of a slew of macroeconomic policies to cope with impacts of the COVID-19 pandemic, according to a decision made at a key meeting of the Communist Party of China on Friday.
China's business environment, especially IP protection, has been improved greatly in the past years, giving international businesses confidence to do business in the country.
China's banking and insurance regulator has started a formal investigation into Bank of China Ltd's recent loss on a crude oil futures trading product, the Beijing-based Financial News said on Wednesday.
China will launch a special campaign to upgrade the network infrastructure, improve IPv6 service and make the terminal equipment better support IPv6, said an official with the MIIT. "We decided to finish transforming 13 internet backbones to the IPv6 network by the end of 2019."
China's central bank will start to hike the rates on its lending facilities in 2021 and modest policy rate hikes would largely just be formalizing a shift in monetary conditions which has already happened, said the note.
来源：资阳报