Specific path new regulator will take is still being worked out by officials.
The newly established national financial regulatory body is designed to be the top-level executor and coordinator of the State Council's macroeconomic policies rather than to only safeguard the inflated financial sector, according to experts directly involved in the committee's preparatory work.
Seven Chinese universities have made the top 10 of the QS World University Rankings, a listing of the top 300 universities from the five BRICS countries of Brazil, Russia, India, China, and South Africa.
Tencent has become the first Chinese company to be valued at more than $500 billion.
Andrei Akopian, Managing partner of Caderus Capital, a Russia-China investment firm and the official representative of the Moscow Exchange for China, has arranged and acted as moderator for three discussion panels focusing on the Chinese PE and portfolio investments into Russia. The discussion panels were part of investment conferences co-organized by the Shanghai Stock Exchange and the Moscow Exchange in Shenzhen (13 November), Shanghai (14 November) and Beijing (15 November).
The share Russian treasury bonds held by foreign investors reached an all-time high at the beginning of last month as central bank data showed.
Deepening cross-border financial cooperation between Russia and China remains a priority, said a senior official with the Moscow Exchange (MOEX), with more products expected for companies and investors to raise funds and buy securities.