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China's leadership has announced a series of measures to expand opening-up and has moved ahead to lower the import tariffs on vehicles and auto parts, anti-cancer drugs, and daily consumption goods, and to eliminate specific measures such as restrictions on the proportion of foreign ownership of banks and financial asset management companies. The country's initiatives in opening up the market have greatly reduced or even eliminated the doubts of the international community regarding the prospects of economic globalization, and have also injected new dynamism into the recovery of the world economy.
China's defense spending is "reasonable and appropriate" and accounts for a relatively low percentage of the country's GDP and government expenditure compared with other major countries, a defense white paper published on Wednesday said.

China's financial market opening-up is on a steady track, with domestic bond and stock markets set to be further incorporated into global indexes from the second quarter, the State Administration of Foreign Exchange said on Thursday.
China's new regulation on a cybersecurity review system, which aims to promote an orderly, secure and open cyberspace and safeguard national security, will take effect on June 1, according to the country's top internet regulator.
China's major stock indices post strong gains on Monday.
来源:资阳报