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China's major oil and gas companies are expected to face fewer headwinds in the second half of this year despite their profit drops during the first six months, as the novel coronavirus epidemic lockdowns and sagging global oil prices dented their profit margins.
China's direct fiscal support differs from that of the major developed economies which includes, besides spending on healthcare and tax relief, large spending on job retention schemes and unemployment insurance, as well as direct cash payments, according to Moody's.
China's elderly healthcare system faces severe challenges due to its fast-growing elderly population. At the end of 2018, China had a population of 249 million aged 60 or above, making up 17.9 percent of the total population.
China's monetary policy in 2017 is set to be "prudent and neutral," keeping appropriate liquidity levels and avoiding large injections.
China's courts have livestreamed more than 2 million hearings online over the past two years as part of efforts to further improve judicial transparency and ensure public access to court procedures.
来源：资阳报