Zhao XijunAssociate Dean, School of finance, Renmin University of China.
Expertise : International Finance; Securities Investment; Monetary Policy
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Associate Dean, School of finance, Renmin University of China.
Zhao Xijun: China’s financial opening-up has righteous motives despite Western skepticism, distortion
Recently, China announced a slew of measures to further open its financial market. The 11 new measures encourage overseas financial institutions to participate in the establishment of, and invest in, asset management subsidiaries of commercial banks. They also allow them to set up and invest in pension management companies. Investment restrictions of overseas personal insurance companies will be completely scrapped in 2020. Those measures serve as a milestone, marking a new stage of China's financial opening-up....2019-08-16
China’s fixed investment grew 15.6 percent on average
The investment in fixed assets in China grew at an average annual rate of 15.6 percent over the past 70 years, according to the National Bureau of Statistics (NBS) on Tuesday, in a report regarding achievements in economic and social development since the People's Republic of China was founded....2019-08-06
Central bank will provide reasonably ample liquidity in H2 amid mounting pressure
The People's Bank of China (PBC), the country's central bank, said it will maintain a prudent monetary policy that's neither too tight nor too loose in the second half of 2019 and tackle mounting external and internal pressure via a multitude of policy tools....2019-08-06
China's financial opening-up moves ahead
China is progressively implementing its policy direction to open up the financial sector and provide a level playing field in terms of ownership requirements for overseas and domestic capital, with experts predicting that financial opening-up will accelerate in the next few years. ...2019-05-10
Financial integration contributes to win-win cooperation of BRI
The Belt and Road Initiative (BRI) has received wide participation and attention from the world since it was proposed six years ago. It is expanding its “circle of friends” and achieving more and more progress....2019-04-28
Past year's performance gives Chinese economy buoyancy in 2019
On January 21, when the travel rush for the traditional Chinese New Year holiday began, the National Bureau of Statistics (NBS) released the 2018 economic figures. The data have met the official growth target and shown the domestic economy's resilience despite volatility....2019-02-19
China’s new tax law will benefit poorer, release spending power
China's top legislature recently voted to adopt the revised individual income tax law, a move experts said will create fairer income distribution as well as stimulating domestic consumption and securing a virtuous cycle in China's economic growth....2018-09-04
Guideline to help lift financial security, mixed ownership
China will improve the management of State-owned financial institutions in key sectors to bolster financial security, widen mixed-ownership and financial opening-up reforms to vitalize the market, said a guideline released by the central authorities....2018-07-11
"2016: G20 and China"
This book from the "history" of the G20's past and present, a comprehensive discussion of the G20's origin and role, agenda,