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icy tools to offset short-term downside pressure, while the financial risks are under control as the country’s debt level has shown signs of stabilizing, Zhang said.
China’s overall debt-to-GDP ratio had dropped to 249.4 percent
by the end of 2018, 1.5 percentage points lower than a year earlier, according to the PBOC.
If trade tensions escalate further, more opening-up policies in the sectors of medical
care and education will help boost global investors’ confidence in the Chinese economy, Zhang added.
By hiking the tariffs on $200 billion of Chinese goods from 10 percent t
o 25 percent just when it seemed the China-US trade talks would achieve a bre
akthrough, the United States has not only intensified the trade dispute but also ensured both sides take a knock.
we never doubted him, despite all the ups and downs.”
What players will be chosen by Lippi remains uncertain, but seeking younger talent will be a priority. Lippi led the oldest
team at the Asian Cup this year, with an average age of 30.2 years, and many veterans will retire before the next World Cup.
Lippi’s best shot now is Espanyol striker Wu Lei, who joined La Liga
immediately after the Asian Cup and became the first Chinese player to score in the league.
Government in Nanyang city, Central China’s Henan province, has denied reports that vehic
les driven by water-hydrogen engines have been produced, according to a Beijing News report on Friday.
A Nanyang Daily report on Thursday said that such a vehicle has been produced, saying that the vehic
le consumes water in its engine, and with the help of special catalyst then produces hydrogen to fuel the vehicle.
public remarks made by Xi from September 2013 to July 2018.
Since Xi proposed the BRI in 2013, he has spoken about the initiative on many occasions.
The discourses have provided guidance for the country to develop international cooperation, i
mprove global economic governance and promote the building of a community with a shared future for mankind.
Russia – There is no alternative to the peaceful solution of nuclear and
other issues on the Korean Peninsula, Russian President Vladimir Putin said Thursday, follow
ing a meeting with top leader of the Democratic People’s Republic of Korea (DPRK) Kim Jong-un.
Russia, for its part, is ready to continue cooperation to reduce tensions on the peninsu
a, and to strengthen security in Northeast Asia as a whole, said Putin at a reception in honor of Kim.
Putin said he was convinced that with active participation of the international community and all inte
rested states, the goal of ensuring lasting peace, stability and prosperity on the Korean Peninsula can be achieved.
More than 60 countries will send delegations to join multinational naval events marking the anniv
ersary, and over 30 countries of them will send major navy leaders to participate, according to Qiu.
Nearly 20 foreign vessels of various capabilities, including destroyers, frigates and landing ships, will join Chinese vessels in the naval parade, sh
owing to the world the “firm determination to safeguard peace and seek development with joint efforts,” Qiu said.
Organizing multinational naval parades is a unique ceremonial activity of navies, according to Qiu.
The Chinese People’s Liberation Army Navy has been active in provi
ding security products for the international community since its founding, Qiu said.
The navy has paid over 100 visits to 94 countries and 138 ports, and has held more
than 60 joint military drills with foreign navies over the 70 years, according to Qiu.
Since 2008, the navy has sent 32 escort fleets, 103 vessels, 69 helicopters and more than 27,000 offic
ers and soldiers to escort over 6,600 vessels, more than a half of which were foreign merchant ships, he added.
Since 2010, the naval hospital ship Peace Ark has traveled to 43 countr
ies and regions and provided free medical services to over 230,000 people, Qiu said.