(File photo)

From March 1 this year, a stock issuance registration system will be implemented. After its implementation, IPOs will face more rigorous post-marketing supervision.

(Photo/Chinanews.com)

RMB formally joins the SDR

Starting from Oct. 1 this year, the RMB will be officially included in the SDR currency basket and its proportion will reach 10.92 percent, second only to the US dollar and the euro.

After joining the SDR, the RMB will become a widely accepted currency around the world. Travel, education and shopping will become more convenient. Cross-border investment will also be easier.