China s State Council, the cabinet, on Friday released a sweeping guideline, only the third of its kind, to strengthen regulation, tackle risks and promote the high-quality development of the capital market, as the country moves to build itself into a global financial powerhouse.
China and the US have reached two new consensuses: extending exchanges on the balanced economic growth of the two countries and the world, and promoting financial stability - among other financial issues - during US Treasury Secretary Janet Yellen s visit to China from Thursday to Tuesday.
Capital market set for sound development chinadaily.com.cn - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from chinadaily.com.cn Daily Mail and Mail on Sunday newspapers.
The business performances of foreign-invested companies in China are particularly impressive. Those that have been operating in China are making expansion plans, while more and more foreign companies are coming to invest and settle in the Chinese market to seize growth opportunities.
China’s A-share public companies have increased stock buybacks in an effort to shore up returns for their shareholders amid regulatory calls to protect broad investors and promote stability in the market.