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China has accelerated the pace this year of removing administrative controls and lowering the threshold for market access.
China decided in late April to reform ChiNext and replace its approval-based IPO system with a registration-based one, introducing a series of measures in a bid to better cultivate new industry start-ups and bolster the real economy.
China has intensified its opening-up policy and the investment environment has become increasingly transparent and more aligned with international standards, while protection of IP rights has been strengthened, said Christian Hartel, board member of Wacker Chemie AG, a German chemical company.
China approved big-ticket investments for 22 fixed-asset projects in July, up from 11 in June, and launched new bonds in an attempt to maintain stable economic growth, the National Development and Reform Commission said on Friday.
China has long called for a dual-suspension approach to ease tension on the peninsula, to pave the way for denuclearization. That is for the DPRK to halt its nuclear and missile tests, and the US and South Korea to cease their joint military drills.
