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"By the end of August, Bond Connect has drawn in 1,244 institutional investors, with another 110 investors onboard during the month," the report said.
"China has started relatively late in the development of commercial endowment insurance and thus lacks enough experience. It is important to learn from advanced acquired experience worldwide, continue to open up our insurance sector, and in this process, develop our own commercial endowment insurance to meet the needs of an aging society," Li said.
"But there are still no consolidated business regulation and technical specifications for code scanning payment. There will also be risks in the process of generating and transmitting codes," said the central bank.
"China is one of the largest and fastest growing markets in the world and represents one of the most exciting opportunities for many of our clients and our firm," said Nicolas Aguzin, chairman and CEO of J.P. Morgan Asia Pacific.
"China is important to us because it represents the biggest market in the world for electric cars, buses, trucks and other methods of transport which are recording the biggest growth," said Mate Rimac, the founder and CEO of Rimac Automobili.
