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The PBOC said it has signed agreements with the World Bank Group to invest in China's inter-bank bond market on behalf of two United Nations agencies.
China is ready to move on letting the market play a bigger role in foreign exchange rates, Yi Gang, deputy governor of the People's Bank of China, said on Saturday.
The strong growth of Chinese economy is helpful for the world, but the economy, which heavily relies on external demand, still needs rebalancing, experts said in Washington on Saturday.
High-level visits open doors and create personal connections that "expedite events and business relationships" between China and Iceland.
China should be cautious in loosening its monetary policy to avoid pushing up inflation, an expert said Saturday.
Chinese Vice Premier Wang Qishan has urged the accelerated reform and innovation in the country's insurance industry to promote healthy and stable development.
China's chief securities regulator has said that the principle of value investment has started to return to the capital market in the first quarter of 2012, and that share prices in the primary market and secondary markets are becoming "coordinated."
China needs to boost consumption to avoid new domestic imbalances, and its 12th Five-Year Plan recognizes this, the International Monetary Fund director for Asia and the Pacific said Friday.
China will tighten supervision over domestic companies that attempt to engage in commercial bribery as part of overseas investment projects.
Small international design companies lend a helping hand to China's industrial dreams.
Businessman Huang Nubo has become an unexpected cultural ambassador after he organized an annual poetry festival linking China and Iceland.
Chinese Premier Wen Jiabao and Icelandic President Olafur Ragnar Grimsson agreed Friday that the two sides will accelerate their free trade negotiations.
