Author: Dmitriy Gurkovskiy, Chief Analyst at RoboForex The British Pound [...]
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China's cabinet to support economic growth
China's cabinet will be supporting economic growth, investment, widening its financial channel, as well as establishing new equity funds.
As per the State Council's guidelines, the Chinese government will be supporting the securitization of assets, thus raising funds on bond markets via investment projects.
China to support equity investment funds
According to the central government, the nation will be encouraging the banks, the social security fund, and insurance firms to participate in the industrial equity investment funds.
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Tuesday, 19 Jul, 2016 / 7:48
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