Greater presence of foreign institutions in the domestic financial market is expected to help the local industry adhere better to international standards.
The so-called reform and opening up will also likely draw more capital into China, while it's less clear how easily funds can leave the country.GDP figures showed third quarter growth of 6%The four economists at Thursday's event generally agreed that China's economy could grow at a pace of about 6% next year.
However, they emphasized how next year would not likely be worse than 2019, especially if the uncertainty of trade tensions is removed. They also did not predict significant changes in government policy.
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