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China's central bank said on Tuesday that it will maintain a prudent monetary policy and fulfill its responsibilities at the new financial stability committee to resolve risks and improve regulation coordination.
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's State Grid and oil giant Sinopec Corp. were second and third, with revenue reaching 5 billion and 8 billion, respectively, in 2016.
China's anti-graft system will see a fundamental change as the top legislature is scheduled to review a draft amendment to the Constitution and the country's first law on supervision to give legal footing to a new national supervisory commission.
China will take steps to boost new types of consumption by supporting new business forms and models with a view to promoting economic recovery, the State Council's executive meeting chaired by Premier Li Keqiang decided on Wednesday.
来源:资阳报