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China's central bank is focused on further boosting capital markets and facilitating corporate financing in order to raise confidence among private businesses and offset headwinds, both external and internal.
China will strengthen efforts to curb money laundering, terror financing and tax evasion, as part of its endeavors to build a modern system of financial regulation and stability, according to a guideline released by the State Council on Wednesday.
China's aggressive push to harness the IoT also means the country could play a pivotal role in determining which IoT specifications thrive, said Jiang Wangcheng, president of Huawei's IoT solutions.
China will speed up the process to shorten negative lists, which identify sectors where foreign participation is restricted, continuously widen the market access to foreign investment and revise the catalog of industries in which foreign capital is encouraged and increase the number of encouraged items, Ye Wei, deputy director-general of the Ministry of Commerce's Foreign Investment Administration, said last week.
China will open its market and expand imports based on its new round of reform and opening-up and the demand of the domestic market and the Chinese people, to ease related issues in economy and trade, the statement said.
来源：资阳报