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China nominated Jin Liqun, the incumbent president of the Asian Infrastructure Investment Bank, as candidate for a second term in this position, as the bank began its new presidential election on Tuesday.
China successfully met its target of reducing 45 million tons of steel production capacity and 250 million tons of coal production capacity last year, leading to a price increase of steel and coal products. Meanwhile, the country has managed to reduce commercial housing stock by 23.14 million square meters and lower the overall corporate asset-liability ratio by 0.4 percent. However, the country's overall enterprise leveraging level, or debt-supported social financing to GDP ratio, rose by eight percent, according to the institute's calculations.
China revised the Criminal Law in 2015 and introduced a new crime called "infringement upon a citizen's personal information". The law stipulates "serious" violations are punishable by prison sentences of up to three years and "very serious" violations by up to seven years.
China remains the Golden State’s biggest trading partner, the largest source of import and the third-largest export market. China-California trade volume in 2017 was 5.6 billion, a 10.9 percent increase over the previous year.
China is willing to sign high-level trade agreements with the parties concerned, he said.
来源：资阳报