The rapid rise in debt, rather than overall debt, has caused concerns, he said.
The proposal would see sovereignty extended to roughly 30 percent of the West Bank, covering most of the Jordan Valley and hundreds of disputed Israeli settlements.
The rebound extended into July as the official Purchasing Managers'Index for the manufacturing sector rose to a four-month high of 51.1, indicating that the sector has accelerated its recovery from the COVID-19 epidemic.
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The purpose of the forum, according to him, was to build a platform to bridge cross-border bilateral investment, create a cross-border investment ecosystem, promote international industrial cooperation, and build a cooperation platform for Chinese enterprises to go out and bring in overseas capital.
The recent trade moves by the US government have added to existing tensions, exacerbated by the COVID-19-related economic slowdown, which makes the economic and geopolitical environment highly uncertain for businesses in many countries. Asian countries are particularly vulnerable to changes in geopolitical dynamics, especially if the Sino-US trade relationship deteriorates, it said.
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The quota for local government special bonds was raised to 3.75 trillion yuan this year, up from 2.15 trillion in 2019, with the entire quota to be issued by the end of October.
The protests should remind Beijing to address the identity gap between Hong Kong and the Chinese mainland, which has long been covered up by patriotic narrations, and has been a source of the understanding deficit between Hong Kong residents and their mainland compatriots.
The protracted street violence and unrest in the SAR, now in its seventh month, abetted and instigated by foreign forces, has posed an unprecedented challenge to the implementation of "one country, two systems", he said in an article published in People's Daily on Wednesday.
The prototype of EpiWear, developed by a team of Rice University students. PHOTO PROVIDED BY BRANDON MARTIN / RICE UNIVERSITY