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China made the decision to not set a target for economic growth for 2020 after full consideration of the uncertainties about the COVID-19's impact, according to the country's top economic regulator.
China relates to other member states affected by the disease and has provided timely assistance to the best of its ability, including holding video conferences among experts to share experience in epidemic prevention and control, sending multiple medical teams or joint working groups for exchange and guidance on-site, and providing urgently needed medical supplies, Zhao said.
China needs a "very strong" rebound after the epidemic, firmly supported by aggressive policies to drive up demand, especially to boost infrastructure investment — focusing on technological upgrading, although foreign trade and domestic consumption may be under pressure over a longer period, said Zhu.
China reported 6.9-percent GDP growth for the first half of 2017, exceeding the 6.7-percent rise in 2016 and beating expectations.
China issued measures to further expand the opening up of the financial sector in July, allowing qualified foreign investment institutions to obtain the "A-class" licenses of lead underwriter, which can provide a broader service, and B-class licenses. "So the German demand is no longer a problem now, and the German institutions will receive more permission in the future," said the official.
来源：资阳报