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China's growing middle-class was helping promote high confidence in government and media, according to the annual Edelman survey, which measures trust in government, media, businesses and NGOs.
China's holdings of US Treasuries totaled .139 trillion in October, down by .5 billion from the previous month.
China's new benchmark lending rate, the one-year loan prime rate (LPR), dropped by 0.1 percentage point to 4.05 percent on Thursday, marking latest measure of the central bank to lower financing costs for enterprises and support their production resumption amid the novel coronavirus outbreak.
China's exports remained resilient and increased by 12.5 percent year-on-year in dollar terms, Lian told Chinese media. In August, exports are expected to continue to grow at a fast pace, he said.
China's leading heavy industrial equipment manufacturers, including Guangxi-based Liugong Machinery Co Ltd, Shandong-based Shantui Construction Machinery Co Ltd and Jiangsu-based Xugong Group Construction Machinery Inc, have decided to lift the price on their loaders due to the rising cost of manufacturing materials such as steel, rubber, aluminum and iron castings.
来源：资阳报