He also suggested that China expand economic opening-up, especially for the services industry, and further improve the business environment in order to boost the economy.
He also noted that the ministry has been working closely with transport authorities to provide charter service in areas that are major sources of labor, including the provinces of Sichuan, Yunnan and Guizhou, in a bid to help a large number of migrant workers return safely and smoothly to their workplaces.
He added that reform of central SOEs in the past five years kicked off when these SOEs were faced with a variety of obstacles. China's supply-side reform in recent years has adjusted the economic structure and tackled low efficiency, and has successfully helped develop new sources of growth for central SOEs through market forces.
He Long, president of BYD's battery business unit FinDreams, said, "Almost all carmakers you have heard of are in talks with us in terms of technical cooperation."
Having noticed the recent monetary easing in some foreign central banks and the United States Federal Reserve's strong message that it will make a cut later in the policy rate, the Chinese central bank has decided not to change its monetary policy stance, while continually reducing the actual financing costs of enterprises, said Sun Guofeng, head of the monetary policy department of the People's Bank of China, the central bank.
He added that ceaseless printing of money by central banks worldwide has caused excessive liquidity, and the world is trapped in the uncertainty of low inflation and stagnant growth.
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He added that "voices who speak up in favor of isolation and of closing off trade are a great source of worry."
He added that the UN Security Council shall remain united and deliver "one voice" in this respect.
He added that the growth of Kenya's fintech sector will be accelerated through international partnerships.
He added the Heung Kong Group will make use of big data to establish an online health platform for offering products and services in the near future.