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"Currently, the overall risk of the country's financial system is controllable, but the financial sector is still in a risk-prone period due to multiple factors and is still facing a tough situation," he said.
"China's retail sales returned to growth for the first time since the coronavirus outbreak, in the latest sign that consumer spending was catching up with the country's wider economic recovery," the Financial Times said.
"Cooperation is the best choice for China and the US," Gao said. "This is not only beneficial to the two countries and their peoples, but also conducive to the entire world."
"Considering that the regulator has significantly shortened the process of granting preparatory approvals to Bank of China Ltd and China Construction Bank Corp, and that many banks - especially large ones - have almost completed the preparatory work in terms of organizational frameworks, operating systems and staffing, the first batch of wealth management subsidiaries are expected to be formally established around the middle of this year," said Yang Yu, an analyst at the Shanghai-headquartered Hwabao Securities Co Ltd, in a research note.
"China's monetary policy should stay committed to its own course and stick with a prudent stance," Yi said, citing the country's economic expansion remaining within a reasonable range and a mild level of inflation as well as the need to keep debt levels stable and sustainable.
来源：资阳报