In his interview, Yi said that the internationalization of the yuan is maintaining "good momentum "despite the COVID-19 epidemic, as indicated by the 36.7 percent year-on-year growth in its use for cross-border payments to 12.7 trillion yuan during the January-to-June period. Yi pledged to continually promote yuan internationalization and the opening of the capital account.
In his keynote speech at the opening ceremony via video link from Beijing, Huang said China's gate will only open wider in the years to come and China's modernization and development benefits not only China itself, but also the world.
In late March, Wuhan announced the first 20 billion yuan fund to provide one-year interest-free loans to SMEs that are struggling due to the COVID-19 outbreak.
In late June, the final satellite to complete Beidou's third-generation network was lofted by a Long March 3B carrier rocket at the Xichang Satellite Launch Center in Sichuan province and placed into a geostationary orbit about 36,000 kilometers above the Earth.
In manufacturing, China's traditional sector of strength, for example, the government will launch an initiative to shore up weaknesses in major equipment manufacturing and promote the development of integrated circuits, 5G mobile communications, aircraft engines and new energy vehicles.
In order to hedge against investment risks, SAFE decreased its holdings of US Treasury bonds by a total of .7 billion for six straight months since June 2018, with the total falling to .12 trillion by November-a record low since May 2017-according to a report from the US Department of the Treasury.
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In major first-tier cities, the dairy market is undergoing some structural changes as sales of high-end pure milk continue to expand, and sales of yogurt and cheese surge, industry experts said.
In his report to the 19th CPC National Congress on Oct 18, 2017, President Xi Jinping highlighted the goals of realizing a moderately prosperous society in all respects and to ensure the victory of socialism with Chinese characteristics in a new era, indicating the achievement of xiaokang had entered the final phase.
In less than one week, the video has gone viral. Over half a million people have viewed the two short clips.
In other words, could we see Amazon.com become a new type of music label?