Amid worries over trade tensions and debt risks, a number of key risks need to be tackled through the enhanced coordination of monetary and fiscal policies to avoid market turbulence, according to leading experts advising the nation's top financial regulators.
The Chinese government is confident the unemployment rate will remain low, and there are policies in the pipeline to support domestic workers affected by ongoing trade tensions, according to senior officials with the nation's top economic regulator.
Major trade initiatives such as the Belt and Road are opening up new vistas of cooperation for the Chinese bullion industry, especially in the countries and regions associated with the initiative, an industry official said.
China is becoming the dominant long-term player in the gold industry, and the country's growing consumption of gold is set to continue, the head of the World Gold Council said on Thursday.
The nation's largest on-demand service provider Meituan launched an open platform for autonomous delivery on Wednesday to accelerate the application and commercialization of autonomous technologies in its online delivery business.
China's steel sector made considerable progress in the reduction and elimination of excess industrial capacity during the first six months of the year, while its ongoing efforts to curb pollution continued to bear fruit, experts said.
The nation's first homegrown passenger jet C919 is capable of meeting the growing requirements of the domestic civil aviation market and boost the country's manufacturing prowess globally, according to its manufacturer - the Commercial Aircraft Corp of China Ltd.
Please use three words to describe China's changes in the past 40 years.
More proactive fiscal policy, coordinated with moderate monetary easing, will initialize economic stimulus in targeted key areas in China, as investment is seen as an engine to drive growth versus external headwinds, said economists.
The third round of State-owned enterprise mixed-ownership reform pilot work will go wider and deeper, aiming to accumulate more experience for the overall mixed-ownership reform, experts said.
Chinese and US textile and apparel organizations have expressed concern about the escalating trade tensions and their opposition to protectionism during a major trade show in New York on Monday.
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