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China has started anti-dumping investigations into wines imported from Australia and the same is being conducted in accordance with legal procedures, the Ministry of Commerce said on Thursday.
China is fully confident in fending off systemic debt risks and expects no apparent changes in government debt ratio in the coming years, Finance Minister Xiao Jie said on Wednesday.The country's debt-to-GDP ratio has decreased to 36.2 percent in 2017, down from 36.7 percent in 2016, far below the so-called alert line of 60 percent internationally, said Xiao at a press conference.He added that the government's outstanding debt has reached 29.95 trillion yuan (.7 trillion) by the end of 2017."China has formed a closed-loop system on managing local government debt including setting reasonably debt quotas, bolstering budget and risk management as well as controlling emergencies," he added."China will deal with illegal debt firmly as issuing bond is the only legal way for local government to raise fund," Xiao said.
China hopes France and Europe contribute more to the stability of the world and that the three parties should work together for their next multilateral agenda, deepen the comprehensive strategic partnership between China and the European Union, and be on the right side of history, according to Wang.
China has stressed innovation in its 13th Five-Year Plan (2016-2020), with an aim to become an "innovation nation" by 2020, an international leader in innovation by 2030, and a world powerhouse in scientific and technological innovation by 2050.
China has vowed to eradicate absolute poverty by 2020.
来源：资阳报