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China will uphold the distribution system whereby distribution according to labor is dominant and a variety of other modes of distribution exist alongside it, raise the proportion of labor remuneration in the primary distribution, improve the salary system and the mechanism for reasonable salary growth, strive to increase the income of low-income group and expand the middle-income group, it said.
China's broad money supply, or M2, increased by 10.9 percent on a yearly basis to 216.41 trillion yuan (.13 trillion) by the end of September, compared with 10.4 percent in August and 8.4 percent in September 2019.
China would like to cooperate with Cambodia on key production capacity projects, as well as investment and agriculture, to help the Southeast Asian country develop more and improve livelihoods, Premier Li Keqiang said on Tuesday.
China will press ahead with the reform of State-owned enterprises to provide a greater driving force for high-quality economic development with State capital, according to a decision made by those at the State Council executive meeting chaired by Premier Li Keqiang on Wednesday.
China will not suffer a food crisis despite the ongoing global COVID-19 pandemic due to a sufficient domestic supply, the minister of agriculture and rural affairs said on Friday.
