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China may announce a three-year action plan on reforming China's State-owned enterprises next year to promote mixed-ownership reform, cut government subsidies and improve earnings at home and abroad, experts and business executives said on Wednesday.

China issued green bonds worth .5 billion in the first three quarters of 2018, surpassing the .9 billion issued in the same period of 2017. The amount of green bonds issued in the third quarter alone reached .5 billion, of which 49 percent is aligned with international green bond definitions, according to a newsletter released by China Central Depository & Clearing Co Ltd.

China relies on imports for most of its soybean consumption, with the US being the second-largest source of imports for China, after Brazil. Nearly 60 percent of all exported soybeans from the US went to China between 2015 and last year.

China to strengthen cooperation with other nations on securities regulations

China will continue to remedy risks in peer-to-peer lending and other types of internet financial activity, and resolutely ban online institutions that are illegally engaged in financial activities, a China Banking and Insurance Regulatory Commission spokesperson said on June 4.