Liu Shangxi, head of the Chinese Academy of Fiscal Sciences under the Ministry of Finance, said the funds raised via treasury bonds can help stimulate consumption through direct subsidies for residents and improved public services, to drive domestic demand. It can also support the skills training of unemployed people after the outbreak.
Liu Hong, a professor at Capital University of Economics and Business, also argued the emerging form of the economy demands new talent in international business, while the uncertainties with the international economy environment will bring more challenges to talent cultivation.
Liu said a fairly complete transport network has been built in formerly poverty-stricken areas, with sealed roads, highways, waterways and even railway lines and airlines available to locals.
Liu Anyu, a lecturer in hospitality at the University of Surrey, said: “Compared with Visa and Mastercard, Alipay does not charge the commission fee for consumption, only the exchange rate loss, if any. Customers only need to pay a commission fee if they move the money from the Ali account to a bank account.”
Liu Ya, a 28-year-old manager at a public relations agency in Beijing, switches on her phone and opens a fitness app.
Liu Shijin, deputy director of the economic committee of the National Committee of the Chinese People's Political Consultative Conference. [Photo provided to China Daily]
疥疮有哪些危害
Liu Yinmeng in Los Angeles contributed to this story.
Little Red Book boasts more than 250 million users. They double up as e-guides, sharing their life experiences with others, giving a new twist to the term sharing economy.
Liu Qiangdong, chairman of JD.com, said the company will focus on branding of farm produce from rural poor. "Without a known brand, the products don't make much profit," he said.
Liu Feiyang, deputy director of international cooperation at Skyrizon, said Ukrainian engineers are as good as their Western counterparts when it comes to aeronautical engines. The Chongqing project will bring some of Ukraine's most advanced design theories and methods as well as manufacturing processes to China.