China's national financial stability fund has accumulated a certain amount of capital with its initial framework established, marking a critical step for the country to strengthen its financial safety net against rising global financial fragility, experts said on Tuesday.

China's renminbi is expected to continue its steady rise in global use and play a bigger part in safeguarding international financial stability, as the country further advances its financial opening-up while deepening trade and investment cooperation, experts said.

Lower deposit rates help reduce cost of funds for banks, push LPR reform.

“Huarui FinTech Salon” (No. 2), jointly hosted by Shanghai Huarui Bank, International Monetary Institute (IMI), Renmin University of China(RUC) and RUC FinTech Institute, was held on August 30 afternoon online. The theme of the salon was “Blockchain technology development and its application trend”. The keynote speech was delivered by Cao Feng, Member of the China FinTech 50 Forum (CFT50). The following experts attended the salon: Deng Di, Chairman of Taiyi Group; Sun Xi, Senior Expert of Ant Group Research Institute; Yang Dong, Executive Dean of Blockchain Research Institute, RUC; Wu Entao, Managing Director of South China Sea Cooperative Innovation Development Fund. The event was moderated by Qiu Zhigang, Senior Research Fellow of IMI and Professor of School of Finance, RUC.

The 19th China-ASEAN Expo and China-ASEAN Business and Investment Summit, which opened here Friday, will help deepen cooperation between China and the Association of Southeast Asian Nations (ASEAN) and create new opportunities for reviving regional economic growth, experts say.

Although the renminbi might continue to face downward pressures against the US dollar in the short term, the Chinese currency is capable of maintaining overall stability and may bounce back by the end of the year, currency market experts said on Tuesday.

A green light given to foreign investors regarding investment in China's onshore futures and options market will help elevate liquidity in the domestic derivatives market and provide more asset allocation tools for foreign investors, experts said.

Trade surplus, opening-up, fiscal and monetary measures seen as supports.

The Financial Conduct Authority (FCA) is establishing a new advisory committee to the FCA’s Board to work on Environmental, Social and Governance (ESG) issues, and is looking for expressions of interest from stakeholders to join.

The reduction in China's benchmark lending rates on Monday will boost the nation's economic recovery by spurring corporate and household spending and stabilizing the real estate sector, experts said.

China has established a working team to push its accession to the Digital Economy Partnership Agreement, the Ministry of Commerce said in an online statement on Friday.

With monetary tightening in the United States expected to slow down, China is likely to have greater room for monetary easing and witness a softer deceleration in external demand, helping the nation to achieve stable full-year economic growth of above 4 percent, experts said on Thursday.