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China will not resort to competitive measures like zero interest rate or quantitative easing, but would instead maintain its conventional monetary policies over the long term and ensure currency stability, a top monetary official said.
China will release a three-year action plan for SOEs (2020-22) soon to further push mixed-ownership reform, digitalization and asset securitization in its SOEs. Zhou Yuxian, chairman of China National Building Material Group Co Ltd, another Beijing-headquartered central SOE, said about 80 percent of its subsidiaries have been a part of the mixed-ownership reform and have teamed up with more private firms to develop both home and global markets.
China will step up the push to fuel the digital transformation of small and medium-sized enterprises by helping them embrace cloud computing, big data and other cutting-edge technologies, a senior official from the nation's top industrial regulator said on Thursday.
China's PPI, which measures costs of goods at the factory gate, rose 7.8 percent year on year in February and hit its highest level since 2008, but its growth is expected to fall back largely as a result of industrial capacity-trimming measures.
China's Terracotta Warriors, a marvel of the world, have attracted more than 68,000 visitors to the Virginia Museum of Fine Arts in Richmond since its opening in November.
来源：资阳报