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DPRK Foreign Minister Ri Yong-ho told Wang that Pyongyang is ready to have greater bilateral exchanges between political and economic departments and boost pragmatic cooperation and cultural exchanges.
Deeper cuts in taxes and fees will be introduced, while financing services will be improved. The required reserve ratio cuts targeting inclusive finance will be adjusted. The re-lending policy targeting small firms will be expanded to qualified small and medium-sized banks and internet banking.
Data from 28 cities showed that the ratio of revenue and expenditure stood at 78 percent in 2018 after increasing 8 percentage points from the previous year. Only four cities — Hangzhou, Qingdao, Shenzhen and Beijing — achieved balance last year, and the rest of 24 cities operated at loss.
De Vreeze attributes the growth to China's huge middle-income population and the company's business model.
Data from the National Bureau of Statistics show that the total number of newborn babies in China surpassed 17 million in 2017. The number is growing as more families are having a second baby after the easing of the one-child policy.
来源：资阳报