President Xi Jinping addresses China's diplomats at a meeting at the Great Hall of the People on Thursday. DING LIN/ XINHUA
Premium vehicles and NEVs have thus far shown to be resistant to the effects of the COVID-19 pandemic. Cui said the premium segment has seen sales grow about 30 percent year-on-year since May.
President Xi Jinping meets with his South African counterpart, Cyril Ramaphosa, in Pretoria, South Africa, on Tuesday. They are accompanied by Xi’s wife, Peng Liyuan, and Ramaphosa’s wife, Tshepo Motsepe. XIE HUANCHI / XINHUA
Powell did not explicitly state the Fed will cut rates, but laid out the case for such action. He said consumer spending and employment are strong, but the economy is slowing in Asia and Europe, and that could mean trouble ahead for the US. However, other members of the Federal Reserve are skeptical about the need to cut rates now.
President Xi Jinping (L front), also general secretary of the Communist Party of China Central Committee and chairman of the Central Military Commission, talks with agricultural experts at Nanfan Scientific and Research Breeding Base in Sanya, South China's Hainan province, April 12, 2018. [Photo/Xinhua]
President Xi Jinping delivers the keynote speech at the Extraordinary China-Africa Summit on Solidarity Against COVID-19 via video link in Beijing on Wednesday. [Photo/Xinhua]
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President Nixon was the first US president to visit China. His trip ended 25 years of non-communication between China and the US and led to the opening of diplomatic ties between the two countries.
President Xi Jinping demanded a thorough investigation into the country's latest vaccine scandal and promised severe punishment for those accountable after the vaccine problem was exposed in July.
Premier Li Keqiang said at a teleconference on May 13 that employment pressure will be felt this year by a larger number of college graduates. However, promoting employment, especially for college students, is of great importance for economic development and social stability.
President Xi Jinping said on Saturday at the summit that China supports the idea of promoting high-quality infrastructure to help achieve inclusive development. He stressed the development-oriented perspective of the Belt and Road Initiative, which he said will contribute to the achievement of the United Nations 2030 Sustainable Development Goals and the sustainable growth of the developing world.