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ng should be leveraged to improve coordination mechanisms
for economic policies such as finance, currency, employment, industry, and regional develop
ment to ensure the nation’s economic development stays within a reasonable range, the statement said.
The meeting highlighted the importance of strengthening innovative cap
abilities as well as opening-up and cooperation in this regard, and called for improving the serv
ices and environment for opening-up and cooperation so that development is promoted through opening-up, inn
ovation is advanced through reforms and win-win results are achieved through cooperation, it said.
Tough and newly emerging problems should be resolved through deepening reforms, the state
ment said, adding that the capability of dealing with challenges and preventing risks should be intensified.
Chen Xiang, head of the sports bureau of Qiannan prefecture in Guizhou, t
old the thepaper.cn. It was agreed after meetings with education authorities and parents of stud
ents that the large crowd gathered during dragon boat races will create noise, Chen said.
Therefore, the dragon boat racing activities in the city, previ
ously scheduled on June 5-7, were postponed to June 9-11. Teams participating in the races were cont
acted and told the reason for the delay. They understood the reasons, Chen added.
An official at the sports bureau of Chizhou city, Anhui, said they have received letters and calls f
rom parents of examinees and people, expressing their concerns (that noise generated by dragon boa
t races may disturb students sitting the gaokao). So the bureau decided to postpone the races until June 9-10.
roductivity in the service sector, which is an important thing that China is focusing on to stabilize economic growth,” Zhu said.
Chen Yulu, a vice-governor of the PBOC, also supported a “full-scale” opening of the financial sector. In the future, foreign invest
ors are welcome to conduct all forms of financial business in China, excepting those being named on a neg
ative list, and authorities are researching a new regulatory system, Chen said at the forum on Saturday.
Li Daokui, director of the Academic Center for Chinese Economic Practice and Thinking at Tsing
hua University, said China “should be more confident” in accelerating opening-up of its financial sec
tor, which will help global investors seize numerous opportunities in the Chinese market.
Domestic financial institutions are now capable of engaging in fiercer competition with global peers as their serv
ice abilities in many aspects, such as banking and insurance, have improved a lot over the past years, Li said.