In recent years, the central bank has been rolling out and improving measures to further open up the financial market. Overseas investors could make investments in the markets through various channels, including the QFII and RQFII mechanism, direct investment and the Bond Connect, which effectively satisfies the differentiated investment demand of diverse investors.
In recent months China has seen a sharp upswing in factory output, with March figures showing industrial production jumping to 8.5 percent.
In terms of the proportion of R&D investment in GDP, Xi'an was the dark horse with the figure reaching 5.2 percent, only behind Beijing's 6.31 percent. Last year, the number of the national-level high-tech enterprises reached 3,673 in Xi'an.
In recent years, Qintang district has made significant strides in poverty alleviation, relocating people to better housing and renovating dilapidated housing, benefiting 1,525 people from 313 poor households.
In terms of protecting intellectual property, penalties for infringement have been reinforced, government branches are prohibited from using administrative means to forcibly transfer technology and protection of commercial confidential information has been enhanced, he said.
In terms of related business, whoever succeeds in preserving or increasing the value of pensions of the Chinese people will likely emerge as a world-class wealth management giant.
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In recent years, Wu said, the People's Liberation Army has actively participated in peacekeeping, escorts, disaster relief and other overseas missions.
In terms of industrial development, Chengdu will focus on financial and commercial businesses, cultural communications, innovation and tourism.
In terms of the property market in 2018, Beijing’s second-hand home price is still expected to decline so as to stimulate purchase because potential buyers are more rational when they have to pay high loan rate and more down-payment, Hu said.
In recent years, a growing number of Chinese banks issued green bonds overseas as the country is progressing toward an environment-friendly economy. Bank of China Ltd, another large State-owned commercial lender, has issued green bonds in the overseas market six times since July 2016 with a total value of more than billion.