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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.
SMIC, China's leading semiconductor manufacturer, was listed on the market on July 16. It obtained approval for its IPO from Chinese regulators in 19 days and entered the board in just 46 days, reflecting the fast-track approach and constant innovations of the board's listing system.

The foreign ministers' meeting is expected to push for the new development of relations among the countries and create favorable conditions for their cooperation under the Belt and Road Initiative, the political scientist said.
The National Health Commission said it will coordinate about 600 members in total to aid the large-scale COVID-19 testing in Hong Kong based on actual needs.
China's pilot FTZs attracted robust foreign investment and trade in the first seven months of the year despite challenges from the COVID-19 pandemic, playing a positive role in stabilizing foreign trade and investment amid a sluggish international market.
来源:资阳报