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China's development path of socialism with Chinese characteristics is selected by history and the people, Xi said, adding that the 1.3 billion Chinese people's livelihoods have been continuously improved in recent decades.
China's credit asset quality remained generally stable, according to statistics released by the country's top banking regulator on Monday.
China's historically high credit growth in the first half of this year has strongly supported economic recovery as the novel coronavirus epidemic has been almost controlled in the country, the central bank said on Friday. It added that monetary policy will be back to normal if the outlook remains optimistic.
China's innovation and entrepreneurship initiatives began in 2014. Last month, the State Council, China's Cabinet, released a guideline that the government will encourage State-led investments as well as private investments in startups, especially those in the high-tech sector, to help finance innovation.
China's foreign trade enterprises have been boosted by a series of tax deduction policies, ensuring the smooth operation of the foreign trade industry supply chain, Sina Finance reported on Friday.
来源：资阳报