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New Bond film "No Time to Die" remains atop Chinese box office******
BEIJING, Nov. 4 (Xinhua) -- The latest James Bond film "No Time to Die" continued to top the Chinese mainland box office on Wednesday, data from the China Movie Data Information Network showed Thursday.。
The 25th installment in the Bond franchise, also Daniel Craig's fifth and final in the role of British spy James Bond, ended its sixth day of screening with 13.48 million yuan (about 2.1 million U.S. dollars).。
War epic film "The Battle at Lake Changjin" ranked second with a revenue of 9.9 million yuan on Wednesday.。
The Chinese production was followed by 2008 Japanese drama "Departures," which raked in 3.06 million yuan. Enditem。
Interview: China aims for better finance environment through regulation, innovation******
BEIJING, Oct. 20 (Xinhua) -- China strives to create a better finance environment through strengthened laws, regulations, and innovation, Guo Shuqing, chairman of the China Banking and Insurance Regulatory Commission, told Xinhua in an interview.
As the world's second-largest modern financial system, China's financial system has strong vitality with its openness, competitiveness, fairness, and inclusiveness at a high level, said Guo, also Party secretary of the People's Bank of China, the central bank.
In terms of competitiveness, he said, there are more than 4,000 institutions in China's banking system. The market share of the four major state banks is only about 34 percent, with the industry concentration far lower than that of developed countries.
In addition, China's mobile payment, online credit, and internet insurance businesses are booming, and these fields are dominated by private capital, he said.
"Without the support of financial institutions and policies, it is difficult to have such a situation," Guo added.
On the other hand, Guo admitted that "monopolies and unfair competition are prominent problems in certain areas of China's financial sector."
He cited the disorderly expansion of industrial capital in the finance field, illegal financial activities disguised as "financial innovation," and unfair competition of some large internet platforms in various financial services as major problems in the sector.
Therefore, anti-monopoly and preventive measures against disorderly capital expansion are urgently needed and conducive to fostering a new development paradigm, advancing high-quality development, and promoting common prosperity, Guo said.
China has taken a slew of measures to combat monopolies, including strengthened supervision over behaviors of major shareholders of banking, insurance, and securities institutions and their equity management, and the 2020-2022 action plan for the corporate-governance reform of state-owned enterprises.
Guo stressed that Chinese authorities place equal emphasis on strengthened regulations and innovation, noting that financial innovation is encouraged on the premise of "people first."
He pledged further measures to create a better finance environment for the private economy, such as encouraging banks to accelerate their digital transformation and providing private businesses with more convenient financial services. Enditem
China sees current account surplus in Jan******
BEIJING, Nov. 5 (Xinhua) -- China maintained a basic balance in its international payments in the first three quarters of this year, the State Administration of Foreign Exchange said on Friday.。
The country reported a current account surplus of 202.8 billion U.S. dollars in the first nine months, accounting for 1.6 percent of its gross domestic product during the period, data from the administration shows.。
During the January-September period, trade in goods posted a surplus of 379.6 billion U.S. dollars, up 16 percent year on year. Goods exports and imports respectively rose 31 percent and 34 percent year on year.。
Trade in services saw a deficit of 82.1 billion U.S. dollars, down 30 percent year on year.。
The administration also noted that the country saw a relatively high foreign direct investment inflow in the period, while outbound direct investment remained stable. Enditem。