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As wages have experienced rapid growth in China over the past decade and are growing faster than labor productivity, it is expected that the growth rate of household income will slow down during 2021-25 and lead to a decline in the household savings rate. The uncertainty caused by the ongoing COVID-19 pandemic will have a smoothing effect on consumption and reduce the savings rate during the early stage of the 14th Five-Year Plan period.

As they marched through Sydney, the protesters chanted, "I can't breath" and "black lives matter," the same slogans heard across the United States as demonstrations continued there.

As the central government will release its three-year action plan for State-owned enterprises (2020-22) soon to enhance the nation's efforts to steer the economy toward innovation and technology-driven high-quality growth, the official said that for the next stage, the SASAC will create a sound environment for reform so that businesses of all kinds of ownership can realize integrated and common development.

As small fitness studios and independent instructors mushroom in big cities, Hong Kong-originated premium gym chain Pure Group has opened its first outlet in Shanghai, which is believed to be one of the biggest and most expensive in town, if not the country.

As the trade tension escalates between China and the United States, US experts are calling for negotiations to settle the disputes.