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Ding believes Abe is trying to strike a compromise by balancing domestic politics and the expectations of the international community.
Detailed policy arrangements have been drafted as part of efforts to launch the program as soon as possible, according to the Shanghai bourse.
Ding Wenli, assistant to the president of the University of International Business and Economics, said: "The success of the second fellowship program is not only an important measure in building the Belt and Road Initiative but also to encourage and help the international media to have a comprehensive understanding of China."
Developing the local currency-denominated bond market can help China reduce its reliance on foreign-currency financing, said experts. They said the country should consider further opening up to foreign direct investment as it is a more stable mechanism for foreign capital inflows than debt.
Despite the theoretical benefits, the problem with SOEs is that the lack of market pressure and competition can lead them to be bloated and inefficiently organized. So, as part of a wide variety of market-oriented reforms, China has been pushing its large SOEs to become more responsive to market realities and competition and to be more effectively organized.
来源：资阳报