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China will boost the role of price-based monetary policy targets with interest rates as core, according to two sources with knowledge of the matter and a document seen by Reuters.
China successfully hosted the Belt and Road forum for International Cooperation in Beijing this past May. Based on the principle of extensive consultation, joint efforts and shared benefits, the forum achieved fruitful results on policy consultation, infrastructure connectivity, trade promotion, financial cooperation and people-to-people exchanges, and injected new momentum to promote interconnected growth and facilitate common prosperity. The international organizations participating in the Roundtable welcome and support the Belt and Road Initiative which could help promote economic globalization, strengthen regional interconnection and deepen international cooperation, and are willing to join together with China and countries involved in the Belt and Road to push the initiative.
China partners with UN to address African food security. [Photo/VCG]
China moved up three places to 14th among the world's most innovative countries this year, according to a report by the World Intellectual Property Organization on Wednesday.
China started to finance the segment in 2009 and billions of yuan have since been spent. It is cutting the amount of subsidies and plans to withdraw the subsidies by the end of 2020.
来源：资阳报