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Beijing has adopted measures to ensure vegetable supplies for its residents after the Xinfadi wholesale market suspended operations due to the detection of a local cluster of COVID-19 infections in June.
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In coping with the disruptions from the COVID-19 epidemic and global economic slowdown, China's leadership has emphasized the need to steer the world's second-largest economy as if fighting a protracted war.
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China's external position in 2019 was broadly in line with the level "implied by medium-term fundamentals and desirable policies," the International Monetary Fund (IMF) said in its new External Sector Report released Tuesday.
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China's consumption is forecast to enter positive territory for the first time this year in July, Shanghai Securities News reported Wednesday.
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China could emerge from the coronavirus pandemic with a more dominant economy, replacing the United States as the world's largest within the current decade, according to experts.
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The Chinese economy has again displayed its resilience and capacity for self-healing, experts said after more than 30 major cities released their key economic indicators, with the majority of them registering positive year-on-year gross domestic product growth in the first half of this year.
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US material science giant Corning has neither held back its investment in China nor its steps of product innovation despite the COVID-19 pandemic, according to a top company official.
Source:Globaltimes, Xinhuanet, Chinadaily, Shine, Gdtoday,China Plus News
Author: Producer Emilio Mendez
Speaker: Caroline Parraguez
Edition: EAcham