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China's marathon industry grew by 20 percent last year, reaching a value of about billion, according to the China Athletics Association. More than 1,100 distance events were held in the country in 2017, of which 256 were hosted or co-hosted by the sport's governing body, the International Association of Athletics Federations.
China's financial openness will continue to facilitate the renminbi's market function. China has made tremendous efforts to relax restrictions on capital account transactions in the past. The most recent moves include eliminating quota ceilings for QFIIs (qualified foreign institutional investors) and QDIIs (qualified domestic institutional investors) and opening ownership for foreigners.
China's economic and market fundamentals, as well as policies－including proactive fiscal policy and prudent monetary policy this year, will help support a stable foreign exchange market, Wang said.
China's commitment to upgrade the financial sector with advanced technologies brings tangible benefits to enterprises
China's northernmost city Mohe in Heilongjiang province welcomes the first snow in the second half of the year on Sept 15, about 25 days earlier than last year. [Photo by Wang Jingyang for chinadaily.com.cn]
