#financial sector

  • China pushes forward opening-up of financial sector with swift but steady steps

    China has seen new highlights in its financial industry. FTSE Russell, one of the world’s three main bond index providers, announced recently that it will add Chinese government bonds to the FTSE World Government Bond Index.

    The move will enable international investors to enter the Chinese bond market through FTSE Russell’s flagship index. So far, the world’s three major bond index providers have successively included Chinese sovereign bonds into their main indexes.

  • China resolutely advances opening-up of financial sector: central bank governor

    China has been resolutely pushing forward the opening-up of the financial industry, as part of its efforts to build a moderately prosperous society in all respects, said Yi Gang, governor of the People's Bank of China (PBOC).

    Considering the financial sector as one of the competitive service industries, the PBOC insists on widening market access and removing unnecessary restrictions, Yi wrote in an article published in the China Finance, a PBOC-affiliated magazine.