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China on Monday urged the United States government to stop its crackdown on Chinese companies and provide a fair, just, and non-discriminatory environment for Chinese firms operating in the country, according to a statement issued by the Ministry of Commerce.
China urged India on Tuesday to return a missing Chinese soldier apprehended by the Indian Army at an early date and jointly safeguard peace and stability in the border areas.
China said earlier that it was considering a pre-commercial launch of 5G this year, followed by large-scale commercialization in 2020. Miao Wei, minister of industry and information technology, had confirmed at the Boao Forum for Asia, that China will grant 5G licenses this year, but didn't disclose a specific date.
China should further increase the local governments' debt ceiling and develop more financial instruments as a tightening credit environment makes it tough for local governments to obtain funding for infrastructural construction, said a report by a Beijing-based think tank.
China still has about 30 million impoverished people who earn less than 2,300 yuan each year and aims to lift all of them out of poverty by 2020. As the country's financial institutions implement inclusive finance to help win the battle against poverty in rural areas, such credit systems have extended to many areas in China.