The China Securities Regulatory Commission (CSRC) said in a statement that it has begun to consult public opinion on the new rules that will combine the Qualified Foreign Institutional Investors (QFII) program and the RMB Qualified Foreign Institutional Investors (RQFII) program.
The Chinese government has been implementing the Employment First Strategy and a more active employment policy, while continuing its efforts to achieve universal coverage of social insurance of its population and improving the social protection system in order to be more equitable and sustainable, and gradually establishing a reasonable income growth mechanism. With these efforts, overall employment situation in China has remained stable. Together with its social partners, the Chinese Government will continue to strengthen cooperation with the international community including the ILO, and will contribute actively to the ILO's centenary initiative on the Future of Work.
The CSRC will carry out research and set up an investor compensation fund to better protect investor interests and give priority to supervision innovation, including better on-site surveillance and the use of big data to improve efficiency.
The ChiNext Index, China's NASDAQ-style board of growth enterprises, gained 0.81 percent to close at 2,750.42 points Tuesday.
The Chinese ambassador said that China has been sending medical teams to Nepal and also has been providing various training and scholarships to the medical workers.
The China-Suriname relationship has always taken the lead in China's relations with Caribbean countries, and it has set a model for the friendly and equal treatment between countries of different sizes, he said.
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The Chinese leadership has made controlling financial risks a top priority and encouraged regulators to crack down on risk-increasing practices, he said, citing the sharp decline of interbank market lending, particularly to non-bank financial institutions.
The Chinese breakthrough comes after major US pharmaceutical firms Johnson & Johnson, Merck, Pfizer and Eli Lilly recently abandoned projects to develop a drug for Alzheimer's over safety issues. Over nearly 20 years, there have been 400 clinical trials and billions of US dollars spent trying to find a cure.
The Chinese government has been strenuously working to reduce corruption for at least the last six years. This year's Fourth Plenum reinforced the concerns and decisions of the October 2014 Fourth Plenum which also focused on the systematic legal and political reforms needed to establish good governance throughout China. Referring to the anti-corruption campaign, Vice-President Wang Qishan said at that time that the anti-corruption campaign dealt with "symptoms, not the root cause" but it could gain the necessary time to find a way to cure the disease in the future. As this year's Fourth Plenum confirmed, a stronger rule of law is the key to that long-term cure.
The China-US trade dispute seems to have had little adverse impact on consumer spending, consumer confidence and consumer finance for the respondents, according to the survey.