China Should Properly Guide Capital Development: Daily

China will clarify areas banned from capital investment to guide the flow of capital and ensure healthy development, said Economic Daily in a commentary following the Central Economic Work Conference last week which emphasized strengthening supervision of capital. China should improve the legal system to prevent the disorderly expansion of capital especially in the areas of anti-monopoly, data information protection and financial supervision, the newspaper said. It is also necessary to uphold the basic socialist economic system, consolidate and develop the state-owned economy, and encourage, support, and guide the development of the private ownership economy, the newspaper said.