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The general view among economists is that China's recovery will continue in the second half but the sequential pace may be slower as the economy continues to face acute challenges such as persisting unemployment pressure and the possibility of the resurgence of the pandemic.

The government also encouraged enterprises to strengthen trans-regional cooperation to cut overcapacity through stock swap.

The fourth Silk Road International Exposition and the Investment and Trade Forum for Cooperation between East and West China opened in Xi’an, capital of Northwest China’s Shaanxi province, on Saturday, attracting tens of thousands of visitors from across the world.The expo and forum, which will last until May 15, aims to implement the results from the recently concluded second Belt and Road Forum for International Cooperation, further open up China’s western region, explore trade cooperation potential, improve the level of cross-regional interaction, as well as establish multidimensional cooperative mechanisms, in order to promote high-quality development, and form a new cooperation pattern with links running eastward and westward over land and sea.Hu Heping, secretary of the CPC Shaanxi Provincial Committee and director of the Standing Committee of the Shaanxi Provincial People’s Congress, said that “Shaanxi province is the starting point of the ancient Silk Road, and is playing an increasingly important role in promoting the Belt and Road Initiative. Its capital Xi’an is one of China’s most important international transportation hubs. With the establishment of the New Eurasian Continental Bridge, its advantage of connecting the world has become even more obvious.”He noted that Xi’an Xianyang International Airport currently offers four international air routes, and its domestic airlines cover 70 percent of the geographic area of China within two hours of flight time. More and more foreign enterprises now regard Xi’an as a critical point to enter China.“We are now further optimizing the transportation network, enhancing infrastructure building as well as cargo transportation and distribution capacity, in order to improve interconnection levels,” Hu said.The theme of the expo is “New Era, New Pattern, New Development”. During the five-day expo, over 30 international forums will be held, covering the fields of trade and business, culture, tourism, law and trade facilitation. The whole exhibition area measures 80,000 square meters, with one cooperation hall, four industrial halls and one featured products hall.

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The global economy has remained sluggish for quite some time. Income inequality and uneven development all weigh heavily on global social stability.

The free “Amazon Augmented Reality” app is aimed at creating “interactive, sharable AR experiences — delivered wherever you are,” according to the description in the App Store. Tech Crunch reported on the launch of the product on Monday.

The government will also build new and expand existing sports venues to further encourage residents' participation in sports.

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The fund house took the lead in setting up a joint venture with Sealand Securities in 2004 and another with China Life three years later.

The gaming company E-home Entertainment Development was the first company registered in the Shanghai FTZ. With it, the ban on console games, in place since the year 2000, was lifted and Microsoft's Xbox consoles were officially introduced into the Chinese market.

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The government has been encouraging banks to support firms via supply chain financing by stabilizing operations of the upstream and downstream supply chain companies. This is necessary to ensure that the production capacity of foreign trade companies is sufficient, said Wang Xuguo, head of the Fujian branch of the Export-Import Bank of China.

The gathering of over 100 people is banned, and the spectator capacity for sports events is restricted to 10 percent. Worship services in religious facilities are allowed to fill up to 20 percent of seats.