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China's monetary authorities lowered interest rates of major lending facilities, given a projection of moderate consumer inflation in coming quarters, in support of credit to smaller businesses hit by the novel coronavirus pandemic.
China's demand for bauxite was buoyed by a surging need for aluminum oxide, said Cheng. Aluminum oxide output in China surged to 71.8 million tons in 2018, from 7 million in 2004.
China's four top financial regulators, including the People's Bank of China and the CSRC, held a joint regulatory talk with Alibaba's top management on Monday. Alibaba's founder Jack Ma, Ant Group's chairman Eric Jing and the fintech company's CEO Simon Hu attended the meeting. Further details were not provided.
China's domestic software industry is on the cusp of a strategic opportunity, as local enterprises increasingly embrace homegrown cloud computing to accelerate digital transformation, said Wang Wenjing, chairman of Yonyou Network Technology Co Ltd.
China's growing elderly population will require accommodation in facilities that support their medical needs and lifestyle, and a qualified workforce to care for them, all of which are in short supply.
来源：资阳报