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China has a tourism-rating classification system that rates a tourist attraction from A to 5A based on its overall tourism quality.
China has encouraged dealers of daily necessities to resume operation to meet increasing demand in cities amid the epidemic outbreak, according to the Ministry of Commerce (MOC). [Photo/Sipa]
China had more than 3,500 listed firms, with a total value nearing 58 trillion yuan as of the end of last week.
China does not need to follow suit by raising its interest rate, said Yu Yongding, former member of the monetary policy committee of the People's Bank of China. "China needs to keep its interest rates stable," said Yu, an economist of the Chinese Academy of Social Sciences. "China has been able to resort to capital flow management to absorb the effect of the US interest rate hike, and the hike has been priced in by the market."
China has fostered a very robust ecosystem, with rapid growth of small and medium-sized enterprises, said Neil Shen, founding and managing partner of Sequoia Capital China, an investor behind many Chinese tech giants and start-ups.
来源：资阳报