The general view among economists is that China's recovery will continue in the second half but the sequential pace may be slower as the economy continues to face acute challenges such as persisting unemployment pressure and the possibility of the resurgence of the pandemic.
The gains from the transformation are beginning to soothe the pains. Although growth rate fell to a 26-year low in 2016, it is steadier and perhaps more sustainable.
The government has promised to shut down 500 manufacturing companies at the opening of the first session of the 15th Beijing Municipal People’s Congress on Wednesday.
The government said other countries were selling such products in the US below cost, so the US needed to impose duties on those goods in order to prevent injury to domestic industries, according to Haveman.
The government also planned to set aside funds to help people who suffer side effects, if any, from vaccination, Lam said.
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The government also set up a HK billion (US.9 billion) fund to give the city's coronavirus-stricken industry sectors a boost.
The government of Hotan prefecture thus enabled workers to return to their jobs after the Lunar New Year holiday, which was extended due to the novel coronavirus pneumonia (NCP) outbreak.
The geographic advantage of TCL's plant in Poland has enabled the electronics giant to make headway in Europe, a key market.
The government is providing more services to society because of the improvements in high-quality development and openness in past years, he said.