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China's courier firms defended their recent move to raise prices of their delivery services for the upcoming Singles Day online shopping festival on Nov 11, which is also known as 11/11.
China's medicine reforms in recent years are driving Chinese companies to focus more on new drug R&D and innovation to optimize product portfolios toward medium-to-high end returns, instead of simply profiting from the production and sales of low-quality generics, he said.
China's industries enjoyed steady growth with enterprises' profits rising rapidly in the first quarter of the year, the Ministry of Industry and Information Technology said on Wednesday.
China's economy should return to normal in the second quarter following the novel coronavirus outbreak, whose impact on the global economy should be "relatively minor and short-lived", the top International Monetary Fund official said, as a senior Chinese banker also estimated the effect to be "temporary".
China's new yuan loans rose to more than 12 trillion yuan (.71 trillion) during the first six months of this year, as a result of the PBOC's monetary easing measures. The amount was also about 60 percent of the annual new yuan loan target of 20 trillion yuan announced by PBOC Governor Yi Gang in June.
来源：资阳报