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China has no intention of tightening or relaxing its monetary policy, a central bank vice-governor said on Thursday. Analysts said such a stance is reasonable as the economy has stabilized in the first quarter.
China has been making a series of moves in opening up the bank card clearing market to international companies, including Visa, Mastercard, American Express and JCB, meaning that China's payment market will see increasing competition in the near future.

China boasts vast resources of onshore and offshore wind energy. It plans to install 30 gigawatt of offshore wind power capacity by 2020, from the 5 GW at the end of 2015, according to the National Energy Administration. It is also readying to build seven large-scale wind power generation plants in Gansu, Hebei, Jilin and Jiangsu provinces, and the Xinjiang Uygur and the Inner Mongolia autonomous regions in 2020.
China has played a big role in global ecological improvement, and the experiences accumulated from the greening of the Kubuqi Desert have importance to other countries, especially those involved in the Belt and Road Initiative, said Jiang Nanqing, a representative in China for the United Nations Environment Programme.
China has gained momentum during the process of 5G development. It was reported recently that Chinese telecom carriers are likely to be issued 5G licenses in the second half of next year at the earliest. China will be among the first countries to issue 5G licenses.
来源:资阳报