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China put forward the concept of "dual circulation" not as a result of its exports slowing this year, but because it has reached a stage where it will rely more on the domestic market to generate growth, Lin said. "It is not a passive choice, but a reflection of the law of current economic development."
China reported a new record low of 15 new coronavirus cases on Thursday as other countries have become epicenters of the coronavirus crisis, which the World Health Organization described as a pandemic for the first time on Wednesday.
China raised the retail prices of gasoline and diesel for the first time this year from Monday, with gasoline prices going up by 120 yuan () per metric ton and diesel by 110 yuan per ton, the National Development and Reform Commission said.
China started a pilot program for non-performing asset securitization in 2016, allowing five state-owned banks and China Merchants Bank to repackage non-performing assets into securities to meet the demand of investors with different risk preferences.
China prohibited individuals from hiring foreigners in 1996. Since then, expats who are seeking employment from individuals or households have not been able to obtain work permits. The sole exception is diplomats, who are allowed to bring expat staff with them from overseas.
来源：资阳报