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China's allocation of 105 billion yuan (.2 billion) to lift people out of poverty in the country's least-developed regions is already producing strong results, a senior official said on Wednesday.
China's banking and insurance regulator announced on Thursday that a new insurer has been set up to take over the assets of Anbang Insurance Group as part of stronger regulatory efforts to manage financial risk.
China will see more megacities in near future, said Niu Fengrui, a research fellow with the Institute for Urban and Environmental Studies under Chinese Academy of Social Sciences, because the capital cities of populous provinces have potential to accommodate 10 million people.
China will hand down more severe punishments to those who commit environmental crimes in the Yangtze River Economic Belt, according to a document issued by five central departments on Wednesday specifying offenses and punishment standards.
China's bonds market stood at about 86 trillion yuan (.84 trillion) by the end of 2018, with about 1.8 trillion yuan (0 billion) held by global investors, up 46 percent year on year.
来源：资阳报