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China welcomes foreign institutions with expertise in risk management, pension management, consumer finance, wealth management and health insurance, Huang said.
China started the rebuilding of 5.34 million shantytown units in the first nine months, accounting for more than 92 percent of this year's target, the ministry said.
China will allow full foreign ownership of securities firms, futures businesses and life insurance companies by 2020－a year earlier than was scheduled, the premier said.
China was defined as an upper-middle-income country with a per capita income of ,410 in 2019, according to the National Bureau of Statistics. The World Bank defines a high-income country as one with a per capita income above ,056.
China needs to develop its own waste utilization industry to avoid a similar scenario, they said.
来源：资阳报