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China will not politicize trade issues, even when its foreign trade potentially enters an era of overall deficits, Foreign Minister Wang Yi said on Tuesday.
China's "dual circulation" economic development pattern will further release Qingdao's potential and prompt the city to play a pivotal role in China's higher-level opening-up, according to its top official.
China will raise its defense budget by 8.1 percent in the 2018 fiscal year, more than last year's 7 percent, according to a budget report submitted to the top legislature on Monday.
China will improve the revision work of the central bank law in 2020, and strengthen legislative work in key areas such as taming illegal financial activities, said Wang Jingwu, head of the Financial Stability Bureau at the People's Bank of China, the central bank, in an interview.
China's central bank governor Zhou Xiaochuan said in June that opening up helped to build a strong and competitive financial sector in China, and that protectionist behavior limiting the participation of foreign players in China would lead to laziness and weakness, causing poor competitiveness and hurting the industry's development.
来源：资阳报