The China Securities Regulatory Commission also said stock exchanges must be prepared to suspend or delist companies involved in major illegal activities.
The Chinese government has adopted further opening-up policies. Do you think this will have an influence on your company as well as other foreign companies operating in China?
The Chinese currency, however, can remain strong against the US dollar in the short term, as the interest rate margin between China and the United States may continue to be enlarged, putting the renminbi under appreciation pressure, it said.
The Chinese government launched a "toilet revolution" in 2015 to make the worst facilities cleaner and more regulated. It planned to add 33,000, and renovate 24,000 public restrooms between 2015 and 2017.
The Canton Tower in Guangzhou, Guangdong province. [Photo/VCG]
The Chinese delegation to the 2017 Asia-Pacific Economic Cooperation CEO Summit in Da Nang, Vietnam, which has more than 300 members from 176 enterprises, both State-owned and private, is the largest apart from the host delegation. Among these, 18 are global Fortune 500 companies and 24 are among the Top 500 in China.
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The Chicago-based think tank and research institute established a green finance center on Tuesday to support China's development of a robust green finance market.
The CSRC said last week that China will continue reforming the financial market while promoting opening-up and innovation to stabilize and boost market confidence.
The Chengdu forum, which concluded on Tuesday, passed the Program for China-Africa People-to-People Friendship and Partnership 2018-20, which includes 30 areas of cooperation between China and Africa.
The Caixin/Markit services purchasing managers index (PMI) dropped to 51.6 in June from 52.8 in May, but remained above the line of 50 that demarcates expansion and contraction.