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Liu, who turned himself in, stepped down in Janua

ary as chairman of the China Securities Regulatory Commission, a position he kept for three years before being replaced by Yi Huiman. The central commission said in the statement that Liu is cooperating with the probe. hina’s housing regulator has warned four Chinese cities over price rises in the past three months, the Economic Observer […]

Balancing growth with structural reformting perform

After a disappointing performance in 2018, China’s economy appears to be stabiliz ing. In the first quarter of 2019, GDP growth, at 6.4 percent year-on-year, matched that of the previous quarter. But grow th in industrial production exceeded expectations, expanding by 6.5 percent year-on-year (and by 8.5 percent in Mar ch). Even exports growth was […]

The first draft also improved rules on developing a m

ulti-layer capital market system, strengthening investor p rotection, promoting securities industry innovations and enhancing regulation. New revisions were submitted for a second reading in April 2017 to improve regulation on such areas as stock trading, acquisitions of listed firms, information disclos ure and investor protection. The second draft also demanded the State Council to gradually […]