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China will facilitate foreign institutional investors in investing in the inter-bank bond market by greenlighting them in obtaining type-A underwriting licenses in the market, said the statement.
China's central bank decided on Wednesday to inject more than 800 billion yuan (5 billion) into the financial sector by reducing the amount of cash financial institutions must keep in reserve. The move is designed to maintain "reasonably ample" liquidity and lower financing costs for the real economy.
China will crack down on cemetery speculators and funeral-related fraud in a three-month campaign starting this month to address the most acute problems in the sector, the Ministry of Civil Affairs said on Monday.
China's allocation of 105 billion yuan (.2 billion) to lift people out of poverty in the country's least-developed regions is already producing strong results, a senior official said on Wednesday.
China will provide .39 billion or nearly 109.50 billion taka in loans to the project, of which 15 percent will be concessional loans and 85 percent will be preferential buyer's credit.