"Following the issuance of documents by the Ministry of Finance and other six ministries and commissions to further standardize local governments’ debt financing behaviors, and in accordance with laws and regulations, provide suggestions for various types of cooperation between the government and social capital parties such as PPP and government investment funds...."

"In the middle of the year, mobility is an unavoidable topic. The historical law of liquidity fluctuations, coupled with the reality that banks have low excess reserves and stricter supervision, led the market to..."

"The recent new regulations on reduction of holdings issued by the regulatory authorities have a far-reaching impact on large-scale transactions. The restrictions on the number of large-scale holding reductions and the addition of a "lock-up period" by the transferee have made the previous fast-forward faster...."