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China will step up efforts to ease market restrictions over foreign investment. [Photo/chinadaily.com.cn]
China will reinforce regulations on public-private partnership projects as part of its efforts to prevent illegal borrowing by local governments, according to a senior official with the nation's top economic regulator.
China's GDP growth reached a higher-than-expected 6.4 percent year-on-year in the first quarter, unchanged from the fourth quarter of 2018, indicating that the world's second-largest economy has at least for now stabilized. Some analysts said there may be a tightening of monetary policy after there are signs of economic stabilization.
China will launch a month-long campaign across the country to promote consumption to consolidate the recovery in spending, the Ministry of Commerce said on Friday.
China's Ministry of Water Resources has called for all-out efforts to prevent floods and has dispatched teams to affected areas to facilitate flood prevention and control.
来源：资阳报