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China's central bank drained 160 billion yuan (.33 billion) from the financial system Friday, with more reverse repos maturing than conducted. [Photo/IC]
China's banking and insurance regulator defines a creditor committee as a temporary organization established by at least three creditor banking institutions of a company that has run into difficulty in repaying a large amount of debt.
China will introduce more fiscal and taxation support policies to encourage overseas investors to expand investment, the State Council said in August.
China will decouple business licenses and operating permits - both required for starting a business - as part of a nationwide policy rollout starting in November.
China's Supreme People's Court released a circular on further strengthening the enforcement of court judgments on cases involving unpaid wages for rural migrant workers on Tuesday.