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China has confirmed it will give subsidies to corn and soybean producers in the northeastern provinces of Liaoning, Jilin and Heilongjiang, as well as Inner Mongolia autonomous region.
China has become one of Siemens' largest research and development locations worldwide. The company now enjoys cooperation with a number of local governments and 87 universities and technology institutes in China, with an aim to conduct scientific research and develop talent.
China has made progress in financial risk control thanks to better regulation last year. Growth in off-balance-sheet businesses saw a continued decline and many banks saw lower bad loan ratios.
China follows a people-centered development philosophy and a new development vision that features innovative, coordinated, green and open development for the benefit of all. In the past few decades, China has lifted more than 700 million people out of poverty and will completely eliminate poverty by 2020. The Chinese economy has been contributing over 30 percent of the global growth for many years. Its shift from high-speed to high-quality growth is gathering pace. For one thing, consumption accounts for 78% of China's growth this year. The overall momentum of sustained and sound growth will continue.
China has no timetable to launch a digital currency, said Yi Gang, governor of the People's Bank of China, at a news conference held on the stable, healthy and sustainable development of China's economy on Tuesday.
来源：资阳报