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论本钱控制与财务治理目标

The country has already made significant progress in further opening its financial services sector to foreign players by reducing regulatory barriers, removing shareholding restrictions and refining administrative policies. The same is expected to take place in sectors such as education, elderly care, sports and entertainment.

The country will strengthen coordination in financial regulation, improve regulation over shadow banking, internet finance, and financial holding companies, and further improve financial regulation, Li said, stressing that all forms of borrowing and debt underwriting that violate the law and regulations are strictly prohibited.

The country contained the rise in financing costs of small, private companies last year through a number of measures, including cutting the reserve-requirement ratio by four times, Li said.

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The core part of the Padma Bridge over the Padma River in Bangladesh is being built by China Railway Major Bridge Engineering Group Co Ltd on Feb 21. [Photo/Xinhua]

The country also will strengthen intellectual property protection and take the initiative to expand imports, he said.

The country will continue to see high-quality development as the government's work agenda emphasis and aim to become a strong trading power by 2050, said Minister of Commerce Zhong Shan on Sunday.

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The counterfeit products included glasses, bags, garments and shoes, which were sealed on Sept. 30, said an official with the Beijing customs, adding that the products have infringed on the trademarks of 18 well-known brands.

The country is also expected to see continuous improvements during the period as it optimizes the use of the nation's land resources, seeks marked achievements in the transition to greener production and lifestyles, sharply increases efficiency in energy and resource consumption and achieves a sustained reduction in discharges of major pollutants, it said.

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The country should strengthen the building of transport channels and opening-up platforms while developing an open economy at the high-level and expanding regional cooperation, the document said.

The coronavirus has severely affected all countries, with global industrial and supply chains bearing much of the disruption, but the pandemic has also stressed the need to keep multilateral trading systems and investment channels open, with the further opening-up of China a major factor in spurring worldwide economic recovery, participants of an international forum heard in Beijing on Tuesday.