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Noting that its policies in the first half of the year facilitated a speedy recovery of the national economy amid COVID-19, the PBOC said it will pursue a more flexible and appropriate monetary policy, making it more targeted, and effectively implement policies aimed at helping enterprises tide over difficulties and ensuring employment in the second half.
"If a Chinese company sells its products abroad, it needs a legal channel to receive the payment. What we offer is such a cross-border payment tool," said Cheng Fei, cross-border business director of Lakala Payment Co., Ltd., at the ongoing financial services thematic exhibition of the 2020 China International Fair for Trade in Services (CIFTIS).

On open development, Wang said that China will build an open economy of a higher level with all-range, multi-level, diversified patterns of open cooperation.
Noting that China boasts a great number of scientific professionals and hefty R&D spending, Xi stressed improving the ecosystem for sci-tech innovation and building platforms for scientists and scientific professionals to put their talent to good use, so as to make sci-tech innovations mushroom in a steady flow.
Wang Huning, a member of the Standing Committee of the Political Bureau of the CPC Central Committee and a member of the Secretariat of the CPC Central Committee, made the remarks at a symposium on the publication of the third volume of "Xi Jinping: The Governance of China."
来源:资阳报