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China was among the first batch of WTO members that ratified the TFA, which is a key instrument to lower costs during global trade. China also submitted its ITA expansion commitment to the WTO in September 2016 and started to implement its tariff cuts on related goods immediately afterward.
China issued local government bonds worth 355.3 billion yuan in May and 876.6 billion yuan in the first five months of this year, all for debt swaps and refunding.

China will continue to implement a prudent and neutral monetary policy to keep the yuan basically stable at a reasonable level, said Yi.
China will accelerate the process for the inclusion of credit information about online lending in its credit reference system to improve the institutions of joint punishment for dishonest borrowers, a regulatory official said.
China will adopt internationally accepted rules in trade and economy, and provide world-class business environment.
来源:资阳报