Given the changing economic situation at home and abroad, China is expediting dual circulation. Although the "domestic cycle" will be the mainstay, the domestic and international "dual cycles" will promote each other, experts said at the seminar.
Given that the Chinese economy's fundamentals remain unchanged in signaling stable and long-term growth, Xi told Merkel that the country is still committed to further opening-up to the rest of the world and wants to expand international cooperation.
Gerry Grimstone, chairman of Barclays Bank, said he believes Refinitiv's BRI Connect platform is important to help global investors find projects that are "bankable, affordable and sustainable".
Giant panda Lei Lei [File photo/China Conservation and Research Center for the Giant Panda]
Given that it's the summer holidays, even the restaurants, cafes and nail salons along the community's main street, which are normally filled with students, have fallen silent as well.
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Global soybean imports are expected to reach 151 million tons this year, of which China will import 97 million, or 64 percent, according to Peter Meyer, senior director of agricultural analytics at S&P Global Platts.
Global business leaders said that building on the effective containment of the pandemic, China has rigorously rolled out a string of measures to stabilize foreign trade and investment. China, with its excellent economic resilience and potential, will remain an attractive investment destination for global investors, said the survey.
Global stock and bond markets also gained amid expectations of an easing monetary environment in June, the report said.