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China has sped up financial opening-up in recent years. In 2018, the country removed foreign ownership caps of banks and financial asset managers. Foreign capital was also allowed to have majority ownership of securities firms, fund managers and futures companies in China.
China hopes the US will consider the voices of China, US industries and consumers and value the long-term industrial chain cooperation between the two countries, and make the right decisions regarding the fundamental interests of people of the two countries, said Gao Feng, spokesperson of the Ministry of Commerce.
China has set 2020 as the target year to finish building a moderately prosperous society (Xiaokang) in all aspects, with poverty eradicated, and GDP and per capita income doubling the 2010 levels.
China is establishing measures to cut taxes and fees by nearly 2 trillion yuan (8 billion) this year, said Premier Li Keqiang in his Government Work Report.
China is expected to come out with new regulations on foreign debt issuance, including curbs and blacklisting of companies with inappropriate borrowing demands, according to officials familiar with the matter, who did not want to be named.
来源：资阳报