The State Administration of Foreign Exchange announced on Tuesday in a statement the cancellation of the maximum investment amount for foreign institutions investing in the onshore markets under two major schemes - the Qualified Foreign Institutional Investor scheme and the RMB Qualified Foreign Institutional Investor scheme.
The T+0 system, they said, could improve efficiency of the new stock trading platform insofar as reflecting the supply-demand relationship in prices and boosting liquidity are concerned.
The State Council, China's cabinet, announced on Aug 26 a plan to set up six new FTZs in Shandong, Jiangsu, Hebei, Yunnan and Heilongjiang provinces, and the Guangxi Zhuang autonomous region. This would increase the number of pilot FTZs in the country to 18.
The Singapore-China fast lane agreement£which includes Shanghai, Tianjin, Chongqing and the provinces of Guangdong, Jiangsu and Zhejiang£is in line with Singapore's plan to gradually reopen its borders to conduct essential business travel but "with the necessary safeguards in place to ensure public health considerations are addressed". Singapore's Ministry of Foreign Affairs started to work out details with China's related departments on Wednesday.
The Trump administration has imposed tariffs on China, and China has countered with retaliatory tariffs. The moves have brought down the prices of Iowa grain, meat and other agricultural commodities.
The Supreme People's Court, China's top court, and the Supreme People's Procuratorate, its top prosecuting body, raised the requirement at their annual work conference in Beijing last weekend.
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The South Africa project of BAIC Group is based on the Belt and Road Initiative, said Xu Heyi, chairman of BAIC Group.
The Shanghai and Shenzhen equity market trading links with Hong Kong were established in 2014 and 2016 respectively in a bid to cement further financial integration with the mainland.
The Supreme People's Procuratorate released data about major cases handled by prosecutors around China in the first three quarters of this year on Monday.
The State Council released a guideline last month for the evaluation and management of demonstration cities in terms of safety to promote urban safety.