In recent years, the demand for petroleum has been weak while supply remains quite sufficient, with oil price kept low in the international market.

The financial regulatory obligation and organizational framework of various provinces in China show great differences.

The reform of local financial regulatory system should follow the market-orientated principle.

Animals and environmental protection require the Civil Code to make regulated management.

Financial regulation is in line with macro-management and should follow some basic principles of management.

There are two types of financial holding groups in China, which are commonly known as business type and non-business type (banks).

For China’s financial regulation and management reform, some financial regulatory reform measures must be improved relating to financial development approach, risk awareness and government management model.

As an innovative means of encouraging venture capital and promoting the development of strategic emerging industries, the development of government-led funds has the general features of policy products.