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China and the United States are taking extremely different approaches to limiting the economic damage caused by the COVID-19 pandemic and the business shutdowns needed to control the spread of the novel coronavirus. China is focusing on restraining debt while targeting assistance to companies and sectors most affected. The US is borrowing massively to implement the largest monetary and fiscal stimulus package in history.
China Development Bank Chairman Hu Huaibang said the Belt and Road Initiative would continue to make African economies more competitive, narrowing development gaps between landlocked countries and coastal regions.
China Post, SF Express and JD have almost resumed full operations, while other major courier companies have resumed 66.7 percent of work capacity, he said.
China achieved year-on-year GDP growth of 6.9 percent in the first quarter of this year, well above its preset target of about 6.5 percent for the year. However, some analysts remained unsure how the Chinese economy would fare this year and said that GDP growth in the first three months was simply unexpected and that it would fall in coming quarters.
China and Africa have seen rare opportunities for cultural and tourism cooperation thanks to the Belt and Road Initiative. In the past two years, Africa has become an important destination for tourists from this east Chinese province.
来源：资阳报