Overseas investment of insurance funds must follow the rules set by the CIRC, the central bank and the foreign exchange regulator, Jia said.
Over the weekend, the restaurant group attracted wide attention, as video clips of Putin making the snacks went viral online. A front desk receptionist at the flagship restaurant on Shandong Road, who didn't give her name, said she has already received calls from people wanting to confirm that the restaurant is the same one Putin visited, and to find out the price and the ingredients of Putin's creations.
Over 6.5 million overseas trips were expected to be made by Chinese tourists during this year's holiday, according to the China Tourism Academy.
Overseas expansion seems to be the new buzzword for Chinese internet startups as the industry looks to reap the rewards of the rapid development in the last two decades. The huge market potential also saw the emergence of Chinese internet behemoths like Baidu Inc, Alibaba Group Holding Ltd and Tencent Holdings Ltd.
Outstanding loans to home buyers totaled 19.05 trillion yuan (.8 trillion) at the end of March, the People's Bank of China (PBOC) said in a statement.
Outbound investment and imports have seen an uptick in recent years in the Chinese gold industry, as it has been actively seeking opportunities overseas.
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Overseas products from the Amazon Global Store, which covers top destinations among Chinese customers for cross-border shopping and is owned by United States tech giant Amazon, achieved double-digit growth.
Over the course of five days with 12 training sessions, the program equipped local graduates with industry-relevant practical knowledge and skills possessed primarily for the development and implementation of Fixed Broadband Backbone (FBB). These trainees also had the opportunity to participate in a soft-skill session which involved the role play of customer management.
Over 2.21 billion shares will become tradable on the Shanghai and Shenzhen stock exchanges from July 16 to 20, according to information service provider Wind Info.
Overseas business contributed nearly 30 percent to BOC group's profit and about 30 percent of its total assets. The net interest margin of this part of business increased by 13 basis points to 1.09 percent in 2017.