Premier Li Keqiang highlighted the resilience of China's market players, numbering over 100 million, as the strongest underpinning for the country to cope with difficulties and challenges during a roundtable with the heads of six major economic organizations on Tuesday.
Potentially handsome returns from fast-growing Chinese tech startups are likely to attract high foreign participation on Shanghai's Nasdaq-like STAR Market, after the market develops with a larger size and lower volatility, analysts from home and abroad said.
Premier Li Keqiang, who presided over the meeting, noted that tax and fee cuts made earlier this year have kicked in to support small and micro businesses and spur innovation.
President Xi Jinping meets with Stephen Perry, chairman of The 48 Group Club, a British organization composed of company leaders promoting Britain-China trade, at the Great Hall of the People in Beijing October 16, 2018. [Photo/Xinhua]
Premium car sales have been a major highlight of the automotive industry in China, which has been the world's largest car market since 2009.
Pompeo said he hoped Pyongyang and Washington will be able to resume talks on dismantling Pyongyang's nuclear program but emphasized that the decision was ultimately up to Kim.
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President Xi Jinping has called for more systematic and innovative social governance, stressing the need to improve the capability to predict and prevent security risks.
Possible policy tools include bank reserve requirement ratio cuts to inject liquidity to keep interbank rates at a low level and maintain the stability of government and corporate bond yields.
Portfolio flows to China increased sharply following the country's inclusion in the MSCI equity indexes in 2018, the blog said, adding that aggregate portfolio inflows rose to 9 billion in 2018 from billion in 2016.
Powered by the internet, big data, artificial intelligence, virtual reality and other new technologies, many new types of online consumption in cultural fields emerged as beneficiaries of the coronavirus outbreak, Zhu Xinkai, vice-president of Renmin University of China, said, citing the new report.