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China will significantly raise the violation cost of financial fraud in the capital market. [Photo/Sipa]
China will seek a balance between stable growth and risk prevention in the second half of the year, a senior official said on Thursday, indicating that the country is willing to tolerate slower growth to push reforms and curb systemic financial risks.

China would like to increase high-level exchanges with Indonesia and enhance alignment of the Belt and Road Initiative with the Southeast Asian country’s development strategies, Premier Li Keqiang said on Thursday.
China's banking and insurance regulator issued a notice on Friday on tightening regulation of the structured deposit business of commercial banks, in an effort to control risks effectively and protect the legitimate interests of investors.
China will work with all BRICS members to actively support Russia's Chairmanship. China also supports Russia's initiative to formulate a Strategy for BRICS Economic Partnership 2025.
来源:资阳报