Foundation for China's high-quality development takes shape

Foundation for China's high-quality development takes shape

The economic foundation for China's high-quality development has taken shape with steady growth in the past few quarters and positive changes in structure and sources of growth.

Industries

A "good start" for agricultural sector, uncertainty remains

A "good start" for agricultural sector, uncertainty remains

China's agricultural sector made a good start in the first quarter of 2018, but challenges and uncertainty remain, a senior official said Monday.

Trade

Financials

China further opens banking, insurance sectors

China further opens banking, insurance sectors

China Friday rolled out a set of measures to open its financial sector wider to the world, including expanding business scopes of foreign-funded banks.

China's central bank drains capital from market to balance liquidity

China's central bank drains capital from market to balance liquidity

The People's Bank of China (PBOC) drained liquidity from the financial system via open market operations this week after a reserve requirement ratio (RRR) cut injected hundreds of billions of yuan into the market.

China releases rules to open securities sector to foreign investors

China releases rules to open securities sector to foreign investors

China has released new management rules on foreign investment in the securities sector as the government takes steady steps to open its financial sector wider.

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