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China's forex regulator Tuesday announced it would abolish the investment quota restrictions for Qualified Foreign Institutional Investors (QFII) and Renminbi Qualified Foreign Institutional Investors (RQFII) to boost financial reforms and opening-up.
Chinese financial regulatory bodies are designing a unified framework to streamline supervision of systemically important financial infrastructure, said experts, to prevent financial risks and strengthen financial safety.
Contemporary Amperex Technology Co., Ltd. (CATL), China's largest automotive lithium-ion battery maker, unveiled its focus on the development of cell-to-pack (CTP) batteries to improve efficiency and lower costs.
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Despite trade protectionism and unilateralism continually bringing unsettling news to businesses around the world, China never disappoints those who are confident in its consistent support of free trade, as shown by its recent launch of several new pilot free trade zones (FTZs).
Funny-looking humanoids practice tai chi and sing Peking opera. A robotic surgical system performs a suture on a grape. A futuristic bionic bird spreads its wings and soars, as a crowd of visitors hold up their phones to take pictures.
The new Lingang area of the China (Shanghai) Pilot Free Trade Zone was officially launched Tuesday.
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