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China will forge ahead with all-around opening-up in the financial industry and create a fair environment for competition, ushering more global participants into banking, insurance, securities, asset management and other sectors, Vice-Premier Liu He said on Wednesday.
China will introduce further relaxed terms and refined procedures for deductions of the VAT in the manufacturing sector and come up with support policies for R&D and innovation in businesses, he said.
China's benchmark prices for spot interbank gold transactions are higher on Aug 14. [Photo/Xinhua]
China will put over 100 State-owned enterprises into its fourth batch list of mixed-ownership reform for SOEs to better spur innovation and meet market changes, said a senior official from the country's top State assets regulator on Tuesday.
China would like to work with the Netherlands to create a fair, transparent and nondiscriminatory environment for enterprises from both countries and promote the sustainable growth of the global economy, Li said.