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China has set the tune of its monetary policy in 2017 as prudent and neutral, keeping an appropriate liquidity level but avoiding excessive liquidity injections.
China is presently the third largest wine market in the world by value. According to a joint report released in February by Vinexpo, one of the largest exhibitions for wine and spirits in the world, and UK-based International Wine and Spirit Research, the growth rate of the Chinese wine market is forecasted to exceed 30 percent over five years starting from 2017. By 2021, China would become the second largest wine market in the world with a value of billion, behind only the United States.
China hopes that the US can take a serious attitude about going back to the negotiating table and ensure that negotiations are meaningful, said Lu.
China has published a list of threatened tariffs on billion in US goods, including soybeans, aircraft, and autos, and said it would hit back if Washington followed up with further measures.
China is stepping up the supplies of daily necessities and urging more companies to restore production to step up supplies to Hubei province, the epicenter of the coronavirus outbreak, said Lian Weiliang, deputy head of the National Development and Reform Commission"We will further coordinate vegetable production areas in Shandong, Jiangsu, Anhui and Hunan provinces as well as Guangxi Zhuang autonomous region, in a bid to increase the supply of fresh vegetables to Hubei," Lian said, adding they will also reinforce the provision of rice, flour, oil, meat, salt and other daily necessities. The NDRC is promoting more companies to resume production as soon as possible and help smooth the transportation and logistics channels through building a "green passage" to speed up the distribution of living materials.According to Lian, more efforts should be made to strengthen the monitoring and dispatching of daily necessities, as well as augment the reserves to address the supply shortage. "We will also help companies that restart production solve the employment, energy supply, financing, industrial chain support and other problems," Lian added.
来源：资阳报