The China Banking and Insurance Regulatory Commission has approved the application from the Arab Bank of Jordan for setting up a branch in Shanghai, and the application from CTBC Bank for establishing a branch in Shenzhen, the regulator said on July 11 on its website.
The Caixin China General Manufacturing Managers' Index (PMI) slipped to 49.6 in May from 50.3 in April, according to the survey conducted by financial information service provider Markit and sponsored by Caixin Media Co. Ltd.
The China Securities Regulatory Commission (CSRC) said that it placed 13 rat trading cases on file in 2017, down 60 percent from the previous year.
The Charity Law, which came onto the statute books in 2016, has been effective in the formalization and professionalization of philanthropy, according to the report. The law also provides guidelines for organizations to clarify charitable status, and increases transparency by requiring them to disclose information.
The Chinese authorities have made renewable energy deployment core to the nation's energy transition, and the country already leads globally in terms of renewable energy applications.
The Chengdu Research Base of Giant Panda Breeding sent a team of two veterinarians and a breeder to rescue the rare animal in Jiuzhaigou.
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The China Eximbank is a state-funded and state-owned policy bank dedicated to supporting China's foreign trade, investment, and international economic cooperation.
The Canadian economy lost more than one million jobs last month.
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 International Import Expo, the world's first import-themed national-level expo, hosted a road show in Shanghai on June 28.