Internet financing, especially through peer-to-peer lending platforms, has seen a number of defaults. Some investors worry that further deterioration of the online financing environment may spill over to cause fluctuations in the broader financial market.
Innovation-driven development in China has three main features:
Investors check share prices at a securities brokerage in Shanghai on Monday. [Photo by Yin Liqin/China News Service]
Interagency regulation and supervision will be stepped up. Issues relating to share-pledging risks, misappropriation of funds and guarantees that contravene regulations must be properly resolved. Heavier punishments will be imposed on any violation of laws and regulations, including market manipulation and insider trading.
Iran said it will not take any measure beyond its commitment to the JCPOA, nor will it accept changes to this agreement now or any time in the future.
Inside an Amazon fulfillment center in Washington. (GeekWire Photo)
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Internet of things, big data to spur China's investment, consumption
Insurance funds will receive stronger encouragement to be used in national development strategies, including supply-side structural reform, the debt-to-equity swap program, the Belt and Road, poverty relief, and the manufacturing improvement plan known as "Made in China 2025."
Institutions that take in elderly people with dementia should take effective measures to ensure their safety, including installing electronic surveillance in public areas, the guideline says, adding they could also offer cognitive rehabilitation services if they have that capacity.
Investors include Singapore's sovereign wealth fund GIC and Legend Capital.