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CIRC may revise rules for fund

China’s top insurance regulator is considering revising the rules for the country’s insurance security fund, which will allow the fund to provide necessary liquidity support to insurers in case of crisis.

PBOC continues to boost liquidity

China’s central bank on Dec 13 continued to inject liquidity into the financial system for a third consecutive day through open market operations.

China to import 43% of natural gas demand by 2040

China’s demand for natural gas will continue to soar toward 2040, outstripping domestic output by around 43 percent, according to an International Energy Agency (IEA) report.

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INTERNATIONAL EXCHANGES

China, Britain to hold economic, financial dialogue

Vice-Premier Ma Kai and British Chancellor of the Exchequer Philip Hammond will co-chair the 9th China-UK Economic and Financial Dialogue in Beijing from Dec 15 to 16.

China, Iran to boost military cooperation

State Councilor and Defense Minister Chang Wanquan said on Dec 12 China is willing to work with Iran to maintain friendly military exchanges and strengthen cooperation.

State councilor meets US delegation

State Councilor Yang Jiechi called for “mutual respect, more cooperation and proper handling of differences”, when meeting with a delegation from the American Foreign Policy Council.

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