China will likely intensify monetary easing and adopt more pro-growth measures to stabilize growth and prevent a dramatic economic slowdown as policymakers have sent strong loosening signals at several key meetings, analysts said.
The Ministry of Finance is preparing to accelerate a special local government bond issuance by using part of the quota for 2020 to boost investment and bolster economic growth, senior officials said on Friday.
The newly established China (Heilongjiang) Pilot Free Trade Zone will undertake more market-oriented reforms to reinvigorate the country's northeastern region and deepen trade ties with partners participating in the Belt and Road Initiative (BRI), senior officials said on Friday.
Suzhou in East China's Jiangsu province is boosting trade outside the US market and prioritizing innovation to offset the impact of Sino-US trade friction.
Jiangsu (Wuxi) Internet of Vehicles Pilot Zone, the first national-level pilot zone in the country, unveiled its implementation plan on Friday, which marks another major step for the city's development of its internet of things industry.
THE SHANGHAI HIGHER PEOPLE'S COURT has accepted an unmarried mother's appeal for retrial in a maternity insurance claim case, which suggests the maternity insurance policy could be reviewed. Beijing News comments:
Political determination is all that it takes for a country to realize its goal. An apt example is Thursday's agreement between China and the United States to hold the 13th round of trade talks in Washington next month. Which has raised hopes that the two sides would ultimately find a way to resolve their trade disputes.
The appointment of a new envoy may not necessarily create miracles but it can still be perceived as a gesture for resetting relations between two countries. By appointing a new ambassador to China on Wednesday, Canada has sent such a signal, which gives the two sides an opportunity to begin repairing damaged bilateral ties.
HOW MUCH MONEY DOES A COLLEGE STUDENT NEED EVERY MONTH? This question became a hot topic of discussion online after a female student complained that her mother refused her request of a 4,500 yuan ($629) monthly allowance. China Daily writer Zhang Zhouxiang comments:
Many may consider it a mere coincidence. But the fact that German Chancellor Angela Merkel is visiting China, her 12th visit in 14 years, at a time when the US administration has upped the ante in the trade conflict with China calls for some serious reflection, especially on the part of China detractors.
Editor's Note: Opposition and 21 rebel Conservative members voted 328 to 301 on Tuesday to take control of the British Parliament and force Prime Minister Boris Johnson to ask the European Union to extend the Brexit deadline from Oct 31. 21st Century Business Herald comments:
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