The report also said that China faces a major challenge in balancing growth stabilization and economic restructuring this year. "The government has had to repeatedly rely on investment and monetary supply increases to achieve its pre-set growth target," it said. "This year, China will still have to balance achieving the growth target, restructuring and reform, and it will become more challenging and difficult."
The report said that bond issuance in the region totaled trillion in the second quarter, increasing by 21.3 percent from the first quarter this year.
The remarks of the business group were given as preparations for the third CIIE are underway, following the relatively effective containment of the novel coronavirus in the country. The expo is slated for Nov 5 to 10 in Shanghai.
The regulation will take effect on Jan 29, 2018, replacing the interim regulative measures released in 2005.
The region will decide when to allow a resumption of climbing depending on how global progress of the epidemic plays out in coming weeks and month, the statement said.
The report said Jilin achieved a GDP growth of around 3.5 percent in 2019. More than 375,600 jobs had been created for urban residents, ensuring its urban registered unemployment rate fell below 3.2 percent.
北京哪家医院检查脑部比较好
The report said the US, China and the United Kingdom are at the forefront in AI. From 2013 to 2018, global scientists published more than 300,000 papers in AI research, with China leading in the number of published papers at 74,408, followed by the US at 51,766.
The report said Jilin achieved a GDP growth of around 3.5 percent in 2019. More than 375,600 jobs had been created for urban residents, ensuring its urban registered unemployment rate fell below 3.2 percent.
The report also found that private firms from China also play a major role in creating jobs as 89 percent of their employees were local Africans, creating nearly 300,000 jobs for African workers. The report suggested that Chinese-owned businesses could eventually employ several million Africans.
The regulator also ordered banks to revalue collateral at least once a year, and the ceiling of collateral rates should be adjusted in accordance with business cycles, risk profiles and market condition.