BEIJING, March 6 (Xinhua) -- The People's Bank of China (PBOC) will move to promote financial opening-up at a high level, PBOC Governor Pan Gongsheng said on Wednesday. The central bank will work with other financial regulators on the improvement of China's policy environment, aiming to attract more foreign-funded financial institutions and long-term capital to do business in China, and it will support Chinese financial institutions to expand their business abroad, Pan said at a press conference held on the sidelines of the national legislature's ongoing session.
The annual sessions of the National People's Congress and the National Committee of the Chinese People's Political Consultative Conference, also known as the two sessions, are taking place in Beijing. Lawmakers and national political advisers have offered suggestions and brought forth several proposals regarding tax exemption threshold, carbon market and artificial intelligence for the high-quality development of China's economy.
The delegation from Southwest China's Xizang autonomous region to the second session of the 14th National People's Congress holds an open panel discussion on March 6, 2024. [Photo by Wang Zhuangfei/chinadaily.
A staff member works at an agriculture science and technology exhibition hall in Changji, Northwest China's Xinjiang Uygur autonomous region, Dec 19, 2023. [Photo/Xinhua] Despite some Western political forces continuing to run smear campaigns about the human rights situation in the Xinjiang Uygur autonomous region, it won't deter the region from opening up further to the world, the region's top official said.
