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China will work to refine the legal support system of the Belt and Road to enable better settlement of disputes and foster a business environment governed by the rule of law, State Councilor and Foreign Minister Wang Yi said on Monday.
China will maintain a proactive fiscal policy stance in 2019, with a higher deficit-to-GDP ratio to leave policy space to address potential risks. [Photo/VCG]
China will push ahead with supply-side structural reform in the financial sector to help private enterprises solve financing difficulties and reduce financing costs, said Guo Shuqing, Party secretary of the People's Bank of China and chairman of the China Banking and Insurance Regulatory Commission.
China's benchmark Shanghai Composite Index managed to edge up 0.02 percent to close at 2,603.8 on Thursday, despite plunges on overseas bourses led by Wall Street. [Photo provided to China Daily]
China will implement measures on lowering import tariffs, reduce intermediate links of distribution and clear unreasonable price markups to let the people enjoy the benefits from lower tariffs, the statement said.
