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China's leading electric carmaker BYD presents its new energy model on the 2019 Haikou International New Energy Vehicle Show. [Photo by Zhang Dandan/China Daily]
China's growth rate has slowed down since 2010, which has drawn a lot of attention. Some people call it a part of cyclical fluctuations; others say China's economy has been influenced by external elements.

China's new yuan loans exceeded market expectations in July, during which time the growth of the broad money supply, or M2, rebounded to a five-month high after the central bank sought to increase policy support for nonfinancial sectors amid downward pressure.
China's online healthcare industry has seen fast growth due to regulation reforms, and as bottlenecks in public health insurance reimbursement for online healthcare services are being gradually removed, there will be new growth impetus injected into the online healthcare sector.
China's major steps in reviving the economy include the following: 1) Large monetary stimulus has been used, but with emphasis on limiting the increase in private or public debts. 2) Fiscal stimulus has focused on infrastructure programs that can get people back to work. 3) SMEs have been given special access to loans and their taxes have been cut. 4) Local officials have been charged with opening up businesses if and only if their region has contained the virus. The Chinese government's fine-grained information about local economies allows it to make such localized decisions, while many Western countries will have to use blunter macroeconomic policies. 5) Supply chains are being restored as factories coordinate restoring production. 6) China will continue its long-term plans pushing more market-oriented reforms and international opening up. And 7), as noted above, policies have prioritized restoring jobs and protecting poor people.
来源:资阳报