The Chengdu-Chongqing economic rim, according to a meeting of the Political Bureau of the Communist Party of China (CPC) Central Committee on October 16, 2020, will represent western China's new growth engine.
The Chinese government will face an unprecedented rise in the budget deficit this year to implement expansionary fiscal measures and lessen the near-term economic slowdown while still preventing elevated debt, analysts said on Tuesday.
The Caixin/Markit services purchasing managers index (PMI) dropped to 51.6 in June from 52.8 in May, but remained above the line of 50 that demarcates expansion and contraction.
The China Insurance Regulatory Commission is soliciting industry opinion for the draft revision. It did not reply to China Daily's queries on the matter on Tuesday.
The Chinese economy is likely to witness normal growth next year, as the economic effect of the COVID-19 pandemic may diminish, and the government will continuously boost domestic demand, support innovative development and improve the business environment, experts said.
The Caixin service industry reading was the same as the official nonmanufacturing purchasing managers index released by the National Bureau of Statistics on Saturday, which also suggested activity expanding in November.
在淮北如何看前列腺炎
The ChiNext Index, China's NASDAQ-style board of growth enterprises, jumped 5.5 percent to close at 1536.37 points.
The ChiNext Index, which tracks China's NASDAQ-style board of growth enterprises, lost 0.23 percent to close at 1,738.0 points
The China-Pakistan Economic Corridor is a the symbol of the regional economic development between China and Pakistan.
The China International Capital Corp (CICC) raised its forecast for China's 2018 real GDP growth to 6.9 percent year-on-year, compared with the current consensus forecast of 6.4 percent, according to a report from the company.