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As the first results of the action plan, China will allow a resumption in imports of US beef, and the United States is to import poultry from China. Most of the agreements are expected to be implemented by July 16.
As the nation convulsed through the COVID-19 outbreak last month, China, with the world's largest population－over 1.4 billion－to feed, realized how crucial stable and secure agriculture is for society and economy.
As the US Federal Reserve is expected to implement the fourth rate hike this year in December, some analysts speculated that the narrowed China-US interest rate gap may trigger more capital outflows from China, and increase downward pressure on domestic asset prices.
As the report suggested, hotpot orders soar after work resumes, and orders from Feb 24 to Mar 1 registered a 50 percent growth compared to a week earlier. Over 18,000 hotpot stores started takeout services on Meituan platform, a clear signal of business recovery.
As the epidemic gradually comes under control, new first-tier cities are expected to witness greater space and opportunities for consumption rebound, the 21st Century Business Herald said.
来源：资阳报