Fourth, in terms of information disclosure, the increasingly enhanced transparency and stringent requirements for information disclosure in recent years continuously boost investors’ confidence in RMBdenominated assets. With the above four factors of risk management, investors are able to manage and diversify risks in a more effective way. Third, Shanghai is becoming a center for financial opening-up.
He attended this event on the margin of IMF/World Bank annual meetings. The following is the major content of his speech: China’s annual GDP growth rate has been declining for years, from double digit growth in the past to around 8 percent in 2012, then down further to 6.7 percent in 2016. The momentum of GDP growth has picked up this year.