Finance standards to be unified

Central bank governor says move will improve domestic, foreign capital markets

Minister: Fiscal policy to boost structural reforms

China will use fiscal policy to optimize economic structures this year, Minister of Finance Liu Kun said on Sunday at the China Development Forum 2019 in Beijing.

Supportive policies to boost growth

China's efforts, focusing on supporting the corporate sector and consumption, will help achieve economic growth in excess of 6 percent this year, despite headwinds from a sluggish and uncertain external environment, a top economist said on Friday.

Auto giants to invest in ride-sharing industry

A consortium of Chinese automakers and retail and internet giants have agreed to set up a joint venture to invest in the ride-sharing industry.

Value-added tax reforms to improve market vitality

Chinese authorities have unveiled detailed measures to implement value-added tax reform, a key step to boost market vitality and stabilize economic growth.

Bank of Beijing planning venture with Dutch lender

Bank of Beijing Co Ltd said on Friday that it has got the necessary board approvals for the establishment of a joint venture with Netherlands-based ING Bank NV, in which the latter will be the majority partner.

IN BRIEF (Page 5)

Learning English is not a betrayal of Chinese culture

For better sleep try no phone before bed

ACCORDING TO A REPORT RELEASED by Chinese Medical Doctor Association, about 38.2 percent of Chinese adults, a total of 300 million, suffer from sleeplessness. Among different age groups, those in their 20s, suffer most as their sleep disorder rate is as high as 84 percent. China Daily writer Zhang Zhouxiang comments:

Declining marriage rate due to development and urbanization

DATA FROM the National Bureau of Statistics and the Ministry of Civil Affairs show that the marriage rate, the ratio of the annual registered marriages to the total population, has been falling year-on-year, from 0.99 percent in 2013 to 0.77 percent in 2017, and further to 0.72 percent in 2018, a record low since 2013. Liu Yuanju, a researcher with the Shanghai Institute of Finance and Law, comments:

Sweden's bias clear in its Xinjiang criticism

Sweden's decision early this week to grant refugee status to all Uygurs and people of any other ethnic group from the Xinjiang Uygur autonomous region ridicules the international convention on refugees and will undoubtedly worsen its already tense relationship with China.

Three-country European trip an antidote to unilateralism

President Xi Jinping began a trip to Europe on Thursday, during which he is paying state visits to Italy, Monaco and France. The trip is expected to promote China's relations with the three countries to a new level and further consolidate reciprocal and strategic cooperation with the European Union.