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China's policymakers have rolled out a raft of measures to cushion the COVID-19 shock. In addition to pumping liquidity into the market and cutting interest rate, China's central bank announced a decision last week to cut the reserve requirement ratio (RRR) for small and medium-sized banks by 100 basis points in its latest effort to bolster the real economy amid the novel coronavirus outbreak.
Chinese President Xi Jinping's special envoy Zhang Chunxian on Friday attends the 50th independence anniversary of Equatorial Guinea. [Photo/Xinhua]
China-Israel Innovation Hub in Shanghai. [Photo provided to chinadaily.com.cn]
China's top liquor brand Kweichow Moutai on Tuesday launched 12 new projects with a total investment of 15.8 billion yuan (.25 billion) for high-quality development.
China, far and away the world's biggest auto market with some 28 million vehicles sold annually, is aiming for more than 1 million FCVs in service by 2030. That compares with just 1,500 or so now, most of which are buses.
来源：资阳报