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China's IPO market bucked the global decline last year as the debut of the sci-tech innovation board in July drove IPO activity up, said Zhang Ningning, an assurance partner at EY.
China's average per capita disposable income is expected to grow further thanks to the country's steady economic growth and the reform on individual income tax, which has cut 855 yuan per capita in tax on average for Chinese people in Q1.
China will continue to support African countries to the best of its ability, he said.
China will highlight rural areas as the focus of inclusive finance to improve financial institutions' ability to serve agro-related business and the efficiency of regulatory approval, said the country's top banking regulator.
China's central SOEs have beaten government-set targets of reducing 59.5 million tonnes of steel capacity, said Shen. As of September, these companies had also cut 23.88 million tonnes of excessive coal capacity.
来源：资阳报