The corporate sector's leveraging ratio may not deteriorate this year although some default cases happened recently. The continually improved liquidity situation, as a result of "counter-cyclical" policy adjustments by the central bank, will support stable financing for the corporate sector, said Xing.
The conference is administered by his administration and hosted by the Chinese Association of Zoological Gardens.
The country on Wednesday already set a world record of single-day case count, as 196,227 new cases were reported and hospitalizations exceeded 100,000 for the first time.
The conglomerate signed an agreement with local authorities in Kunming, Yunnan province, in November, where it plans to build a plant for new energy cars and components, according to local newspaper Kunming Daily.
The construction of the initiative will help about 7.6 million people from the involved countries escape extreme poverty, and over 32 million shake off moderate poverty, he said, citing statistics from the World Bank.
The country has been held up as a global model in how to curb the virus and has rushed to contain new infections as life returns to normal.
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The contents of these websites and accounts are of varying quality and difficult to tell the real from the counterfeit, and some of them even involved fraud, forced trading and racketeering, according to the ministry.
The cooling of profit growth was mainly the result of seasonal factors, such as extreme weather conditions, the bureau said on its website.
The country will further simplify administrative approval procedures, encourage private capital into the elderly care market and provide multi-level diversified services.
The content of the leading officials' work reports mainly covers seven topics, including safeguarding the unified leadership of the CPC Central Committee and implementing Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era.