In my opinion, China needs to take more effective measures to expand consumption. Apart from using fiscal policy to boost consumption, such as allocating money to low-income earners, China should make a difference by using monetary policy, such as lowering interest rates at the proper time. Not cutting interest rates will encourage saving.
In particular, China and the United States, as the world's two largest economies, have to work together. "People from both countries need each other. ... Sooner or later, the two countries have only one way (to go) — cooperation — because, otherwise, the cost will be so big, not just for both sides, but for the whole world," Xiao said.
In many ways, the entire country is becoming HQ2.
In late 2013, it said it would cut "diplomatic" ties with Taiwan. A statement from the Gambian president's office said the decision was based on national strategic considerations. After learning of the decision, Beijing said it had not contacted Gambia beforehand.
In late January, the Guangzhou Baiyun International Airport in southern China's Guangdong province launched a 5G base station. An indoor 5G network will be installed in the Shanghai Hongqiao Railway Station by the end of this year.
In late February, Germany Trade & Invest and Association of German Chambers of Industry and Commerce (DIHK) jointly published a study on the B&R Initiative, showing that 0 billion had been invested in projects since 2013.
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In my upcoming visit, I look forward to working with your leaders to cement mutual trust, expand practical cooperation, and increase people-to-people exchanges in order to take our bilateral ties to a new level.
In order to prevent the spread of COVID-19, only a handful of journalists, guests and staff were allowed in the Senate hearing room, Hart 216, in addition to the committee members and Judge Barrett.
In other news, we explore Seattle’s attempt to put rules and safety guidelines around the coming wave of scooter sharing services in the city.
In his colorful garb, Zhang, who does the voice-over in the Mandarin version of Despicable Me 3, is reliving a scene from the franchise's newest film.