Zhou said financing for development, such as those playing active and positive roles in the Belt and Road Initiative, will also bring more opportunities to China's financial sector opening up and international cooperation.
Zhu Junsheng, an insurance researcher at the Development Research Center of the State Council, said the latest regulation could reduce the volume of Chinese insurers' overseas financing and investment, but it will help improve risk control and better regulate their overseas business.
Zhu Jieping, a lawyer based in Chengdu, Sichuan province, said the ballooning short video industry has strained the platforms' ability to censor all user generated content.
· It originates in China and gains popularity all over the world.
Zhou said China's biggest advantage – low-cost labor, land, environment and taxes – is diminishing.
iPhone SE
南昌搜索引擎优化排名
[Photo/fmprc.gov.cn]
[Video from a TV channel in Yunnan]
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Zhou made the remarks at a seminar themed "Sino-German Economic Relations: Risks and Opportunities", co-organized by Koerber-Stiftung and the China Center for International Economic Exchanges (CCIEE) in Berlin on Friday. Zhou now serves as president of the China Society for Finance and Banking and adviser to the CCIEE.