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How Shandong is implementing supply-side reform

By Zhang Jie ( chinadaily.com.cn )

Updated: 2016-09-23

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How Shandong is implementing supply-side reform

Whooper swans fly in Rongcheng city, East China's Shandong province. Thousands of whooper swans flying from Siberia and Lake Baikal choose to spend winter in Rongcheng thanks to its comfortable ecological environment. [Photo/Xinhua]

Financial reform

According to the local financial authority, Shandong is expanding direct financing paths for companies. So far, its direct financing has increased 28 percent year on year to reach 355.7 billion yuan.