Premier Li Keqiang will address the Global Vaccine Summit 2020 via video link on Thursday, Foreign Ministry spokesman Zhao Lijian announced on Wednesday.
President Donald Trump signed an order authorizing the sanctions against Turkey and raised tariffs on steel imports from the country.
Powell made no mention of Trump's criticism of the Fed's monetary policy. In an interview with Reuters on Monday, Trump said he was "not thrilled" with Powell's Fed for raising rates and said the central bank should do more to help boost the economy.
Potential homebuyers check housing project models at a real estate agency in Dalian, Liaoning province. [Photo by Liu Debing/For China Daily]
Premier Li pointed out that the main objective for promoting sustained growth is to generate a steady flow of jobs. He cited stable employment as a major highlight in the Chinese economy. China faces significant employment pressures with nearly 8 million college graduates and 5 million graduates of secondary vocational schools joining the workforce every year. Furthermore, there are a large number of workers who need to be reemployed as a result of cutting overcapacity and migrants from rural areas seeking jobs in the cities. Without a proper level of economic growth, we would not be able to create jobs for all these people. Over 13 million new jobs have been created each year for the past four years. The surveyed unemployment rate in 31 large cities has dropped below 5 percent since last September, the lowest in years. For a major developing country with a population of 1.3 billion, nothing would be more important than relatively sufficient employment.
Premier Li Keqiang called for rebuilding shantytowns to help improve local residents' welfare and make a stable and healthy real estate market, during a visit to Shandong province on Friday.
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Premier Li Keqiang, visiting a construction site on Monday in Chengdu, Sichuan province, talks with migrant workers after climbing up a scaffold. He asked them about their monthly earnings and the length of their workday. He also asked whether their wages are paid on time and in full. YAO DAWEI/XINHUA
Poor countries' inability to immunize against COVID-19 a disaster for rich countries - World - Chinadaily.com.cn