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China and Mexico have imposed import tariffs on American pork recently in retaliation against US duties on metal shipments. The measures have sent hog prices plunging, eroding the profitability at Tyson's pork business. Tyson also said domestic chicken demand has weakened because of an abundance of "relatively lower-priced" beef and pork.
China also introduced other measures to maintain fiscal revenue growth of local governments and offset the impact of the tax and fee reduction. For instance, it plans to transfer the majority of dividends from State-owned enterprises to local governments. Dividend collections from State-owned enterprises, which are part of the government's nontax revenue, have increased fourfold in the first half this year, according to the Ministry of Finance.

China Mobile Communications Corp, China United Network Communications Group and China Telecom Corp, the country's major telecom operators, have already accelerated their efforts to develop 5G technology, with their total investment in 5G infrastructure forecast to reach up to 0 billion over a seven-year period.
China Daily, an important platform for the world to understand China, reaches an audience of more than 150 million worldwide on various platforms.
China and Russia will strive for the goal of achieving a trade volume of 200 billion dollars as soon as possible, Li said.
来源:资阳报