Two years after a detailed development plan for the Beijing Municipal Administrative Center was approved by the central government, the district has become a front-runner in attracting foreign investment and a highland clustering emerging industries.
China's stock market managed to secure spectacular gains in 2020 as reforms widened access for overseas investors and boosted its long-term investment value.
China's central bank has released a draft for comments of regulations aimed at strengthening anti-monopoly supervision of payment services by non-bank institutions.
China achieved its budgeted tax income target for 2020 despite the COVID-19 effect on taxpayers and the slew of rebates, prompting policymakers to suggest a continuation of the measures to keep costs at bay and control risks for this year.