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China will seek new sources of residential land supply to improve housing and gradually the government will no longer be the sole provider of residential land. [Photo/Xinhua]
China's A-share market is scheduled to be included in the MSCI emerging markets index in June. As estimated by China International Capital Corporation Limited, it is expected to bring in a capital inflow valued between billion and billion this year.
China will encourage more foreign participation in the country's foreign exchange bond market, and will facilitate the issuance of yuan-denominated "Panda Bonds" by overseas institutions in China, Yi said.
China will work to refine the legal support system of the Belt and Road to enable better settlement of disputes and foster a business environment governed by the rule of law, State Councilor and Foreign Minister Wang Yi said on Monday.
China's central bank followed the Fed's rate hikes to lift the open market operation interest rate twice, in March and December last year, respectively. The moves were targeted to keep a relatively stable interest rate spread between the two countries and maintain a stable Chinese currency. It stood pat in June after the Fed's second hike this year.
来源：资阳报