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China's Ministry of Commerce said on Saturday that the US has criticized the intellectual property rights situation in other countries for a long time. The report lacks objective standards and fairness and was generally opposed by the countries concerned, it said in a statement.
China's central bank didn't follow some other central banks across the globe by lowering interest rates. Central banks in New Zealand, Thailand and India announced larger-than-expected interest rate cuts last week, following the US Federal Reserve's rate-cut decision, getting prepared for a worsening global economic outlook.
China's banking and insurance regulator said it will allow commercial banks' wealth management subsidiaries that are yet to be established to directly invest in public offering wealth management products they issue in the stock market.
China will see the biggest boost in ad dollars with 5 million spending on advertising in this year's World Cup, which will be held in 11 cities in Russia from June 14 to July 15, Yicai.com's app reported on Sunday.
China will provide a broader market for global investment and protect the rights of foreign investors, according to administration spokeswoman Wang Chunying.
来源：资阳报