The external challenges such as trade friction between US and China have not stopped large global hedge funds' pace of entering China.
The expo is a mirror for the years of effort Guangdong has put into going global, as 67 percent of attending companies are from overseas, attracted by the opportunities to work with the Guangdong-Hong Kong-Macao Greater Bay Area.
The financial regulators have encouraged banks to issue more loans to small and micro businesses, aimed to ease downside risks of economic growth. According to data from the CBIRC, by the end of May, the five largest commercial banks in China has increased lending to small and micro enterprises by 23.7 percent, compared with the volume at the end of 2018. The average lending rate was 4.79 percent, down by 0.65 percentage point from 2018. Meanwhile, the banks are coordinating with local governments for purchasing bonds.
The exhibition Terrtcotta Army: Legacy of the First Emperor of China, features 10 majestic terracotta figures, including a cavalry horse, among 130 works that tell the story of China's birth and the first emperor of China, Qin Shi huang(221-210 BC).
The figures are daunting enough — Hong Kong's GDP growth forecast for 2020 is revised down to as low as minus 7 percent, the jobless rate hits a 15-year high of 5.9 percent, while the starting pay for graduates is on the way down — buckling to the brutal force of the coronavirus pandemic, which led to the worst global economic fallout since the 1930s.
The fair, widely seen as a barometer of China's foreign trade, holds import exhibitions in its first and third phases, with 1,000 booths booked by 650 enterprises from 38 countries and regions.
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The event, organized by the Belt and Road General Chamber of Commerce, gathered a host of top officials and business leaders from the Chinese mainland and Hong Kong to discuss and seek fresh opportunities created by the initiative.
The fans called police when they found the jerseys were of substandard quality.
The expo hopes to help seek new development opportunities, build a new pattern of community governance and further boost the development of smart cities, Li Liping, president of China Council for the Promotion of International Trade Construction Industry Branch, said at a news conference held in Beijing on Thursday.
The figure was up 517.29 billion yuan, or 4.04 percent from a month earlier, according to the Asset Management Association of China (AMAC).