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China has managed to meet the basic living needs of more than 1.3 billion people, lifting more than 800 million out of poverty and creating more than 770 million jobs through the end of last year, according to Xian Weiyi, minister-counselor of China's mission to the EU.
China has allowed asset investment companies controlled by banks to set up investment plans with debt-to-equity swaps as underlying assets for the purpose of expanding sources of funding for lenders so they can invest in such debt-to-equity swaps.
China has no intention to start a trade war with the United States and will not initiate one, but the country can cope with any challenge and will defend its national interests, China's top commerce official said on Sunday.
China has been stepping up efforts opening its financial sector wider to the world, with stock and bond connect programs allowing global investors to access its growing capital market.
China has begun to examine and repair railway equipment nationwide as railway passenger flow is running at a low level amid the coronavirus outbreak. [Photo provided to chinadaily.com.cn]
来源：资阳报