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China's air-conditioner manufacturing giant Gree Electric Appliances Inc saw a 5.35 percent surge to 60.8 yuan (.64) per share after its stock trading resumed on Tuesday following the company's ownership shake-up.
China will give carmakers and the market a larger say in developing the new energy vehicle sector as part of its efforts to improve the sector's long-term competitive edge.
China will cut VAT rates as part of a tax reduction package amounting to 400 billion yuan (.6 billion) this year, according to a decision made at a State Council executive meeting Wednesday.
China' economy continued its steady expansion in the first half of this year with GDP up 6.9 percent year on year to about 38.2 trillion yuan (.6 trillion), data from the National Bureau of Statistics showed Monday.
China will strengthen its national innovation system and speed up building itself into an innovation-driven country to foster the country's development and a better life for its people, Premier Li Keqiang said. Li spoke in a video message of congratulations at the opening ceremony at the Pujiang Innovation Forum, which started in Shanghai on Thursday.
来源：资阳报