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in the service secto爱上海女神会所r, and deregulate the services for the elderly and children, and medical care and education.
Although its overall economic uncertainty has increased, China’s economy still has great pote
ntial in terms of service and consumption, especially because it is a market of more than 1.3 bil
lion people including a middle-income group of 400 million all of whom are seeking a better life.
Current policy package strong enough to counter headwinds, economist says
China has no immediate need of aggressive stimulus to support growth unless trade tensions with the United States m
ore visibly weigh on growth momentum, and greater patience and policy preparation are needed now for market-
oriented, longer-term reform and opening-up, a senior economist said in an exclusive interview.
Given the uncertainty from China-US trade friction, macroeconomic polic
ies should always be prepared to support the economy, especially if growth mome
hina Petrole上海会所品茶微信um and Chemical Corp, the world’s larg
est refiner by volume, has agreed to establish a joint venture with Russia’s Novatek and Gazp
rombank to market natural and liquefied natural gas (LNG) in China, Sinopec said on Thursday.
The agreement, which aims to sell LNG produced by Novatek in the Arctic, was signed fo
llowing talks in Moscow between Russian President, Vladimir Putin, and Chinese President, Xi Jinping.
The agreement will be of considerable economic and social benefit an
d will further diversify China’s natural gas imports, while meeting ever-increasing ga
s demand in the country, said Dai Houliang, China Petrochemical Corp president.
roject, considering disparities between different regions in terms of hist
ory, economic development and culture,” Zhang said. “We hope different areas can draw
upon the successful experiences of others and find proper ways of rural governance that suit their region best.”
China will release a list of generic drugs by the end of June this year to g
uide enterprises to develop, register and produce urgently needed generic drugs fo
r clinical use, public health and safety, according to the National Health Commission.
Those on the list will be the first batch of generic drugs of which production will be encouraged, the Commission said, ad
ding that a renewed list would be released by the end of each year starting from 2020.
With healthcare reform going deeper and a population increasingly ageing, China encoura
ges both the creation of new drugs and the research and development of generic drugs, and strives
US states continue to value trade relations with China, despite ongoing tensions at the i
nternational level, and they hope tensions will be resolved through negotiations.
“I’m very optimistic on the China-US trade relationship,” Cyrus Habib, lieutenant governor of Washington, said in an inter
view with China Daily as he was attending the Fifth China-US Governors Forum in Lexington, Kentucky, last week.
China is the state of Washington’s top trading partner, with more than 20 percent of the state’s expor
ts going to China, and around 30 percent of its imports came from China in 2018, according to the US Census Bureau.
“It’s truly something that touches every part of our state,” said Habib. “And that went from the i
nformation communication technology sector and manufacturing sector all the way to the agricultural industry and tourism.”