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China's policymakers will strike a balance between containing the novel coronavirus pneumonia outbreak and facilitating the resumption of regular business activities as a prolonged economic standstill could trigger greater risks, economists said.
China's per capita GDP will reach the level of moderately developed countries, with a significant reduction in disparities in urban-rural development, in development between different regions and in living standards, and the modernization of national defense and the military will be basically achieved, it said.
China's rapid 5G rollout has laid a sound network infrastructure for better use of the industrial internet, he said. The nation so far has erected more than 700,000 5G base stations, about twice the amount in the rest of the world.
China's overseas returnees, or those educated or with work experience overseas, are more likely to get a higher income versus their counterparts in other Asian countries and regions, international recruitment firm Hays said in its latest report. The report said 61 percent of surveyed Chinese companies are willing to offer overseas returnees a premium salary.
China's pivot to Asia is intensifying. Value chains are becoming more regional and less global. For example, China is now the largest trading partner for Malaysia, Singapore and the Philippines. Meanwhile, the country's continued resource demand has increased its importance not only to in-region suppliers such as Australia, where 21 percent of mining and quarrying output is now exported to China, but also to more distant countries such as South Africa and Chile.
来源：资阳报