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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 and the Republic of Korea are opening a fast-track lane for key business, logistics, production, technical and service personnel with an urgent need to travel between the two countries, Foreign Ministry spokesman Geng Shuang said on Thursday.

China and the United States will hold their eighth round of high-level economic and trade consultations in Beijing on Friday, with "much work" remaining to be done, the Ministry of Commerce said.
China UnionPay now has its eyes on public transportation, with its mobile payment service launching in the sector in 20 cities in less than five months, according to a report by Securities Times.
China also saw more enterprises applying for patents in H1, said Hu Wenhui, spokesperson for the administration.
来源:资阳报