Strengthening investor protection is indispensable for capital market reforms, he said, adding that it will help reduce information asymmetry and promote market stability.
Such policies would include the accelerated building of the free trade port in Hainan province, where a taxation management mechanism featuring low tariffs, low tax rates and simplified taxation procedures will be established to achieve the free flow of goods, personnel, capital and data, Liang said.
Students of Dunhuang mural dance at Lanzhou University of Arts and Science stage a performance in Lanzhou, Gansu province, on Nov 28, 2019. [Photo/Xinhua]
Such structures typically grant a particular group of shareholders greater voting rights than others, departing from the "one share, one vote" principle currently adopted in Hong Kong and the Chinese mainland.
Such policies include further broadening market access, strengthening intellectual property protection, facilitating trade and investment, and further opening up of capital markets, she said.
Such generalities are usually adopted in important Party documents to create room for flexibility.
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Sub-indexes gauging sentiment in different sectors continued to diverge. The accommodation and catering industry, which was hit particularly hard by the COVID-19 epidemic, reversed its downturn trend to bounce back, while the computer and software industry recorded a two-month contraction streak.
Students affected by a magnitude 6.0 earthquake in Sichuan province are expected to return to classrooms in September when the fall semester starts.
Styrene monomer, also called phenylethylene, is widely used to make polystyrene, which in turn is used to make plastics and foam containers.
Such cars are very unlikely to hit the Chinese market in the short term due to the country's low-altitude flying regulations.