The China Banking and Insurance Regulatory Commission recently announced that it will apply the same regulations to cash management-oriented wealth management products and money market funds because they are similar products.
The Chinese Securities Regulatory Commission said on Saturday that the Chinese government has not restricted accounting firms from providing audits to overseas regulators. The CSRC also stressed that frank dialogue and cooperation based on common interests is the right way to solve the problem.
The CSSC group is the parent of three listed companies. CSSC Science and Technology Co Ltd didn't respond to the notice.
The Chinese banking sector's external liabilities reached .34 trillion by the end of June, up 2.29 percent year-on-year, according to the country's foreign exchange regulator on Thursday.
The Cabinet decided at an executive meeting on Friday to establish a long-term mechanism to stabilize the supply and prices of commonly used drugs in an effort to solve shortages and unreasonable price hikes of some drugs in recent months.
The Chinese conglomerate also "commits itself to the win-win cooperation through the 'Aerial Silk Road' project with customers from Africa and west Asia."
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The China General Chamber of Commerce, the China Cuisine Association and the China Hotel Association jointly proposed that the catering industry should curb food waste and promote thrift.
The China National Petroleum Corporation, the country's largest oil and gas producer and supplier, announced that it is in preliminary discussion with PipeChina regarding the possible asset injection.
The China-backed Asian Infrastructure Investment Bank expects to grow its membership to 85 by the end of this year, bank president Jin Liqun said on Saturday.
The China Meteorological Administration warned those sitting exams to guard against gastrointestinal diseases that are usually prevalent during spells of hot weather. It also advised travelers in rain-affected regions to plan their trips in advance.