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China has become a vital refuge for US companies after overcoming COVID-19, as the country's rebounding consumer economy has helped offset the damage from tumbling sales back home, the Wall Street Journal reported.
China has made social and economic improvements under the leadership of the CPC, which also has consequences for the development and progress of Africans, since it shows that China is not walking toward development alone but together with other nations as well, Sithole said.
China has just approved 14 Chinese asset managers to float pension target securities investment funds, a move to improve A-share market liquidity and offer the nation's middle-income earners more diversified pension management solutions.
China had planned and arranged a number of opening-up policies to reorganize its economic structure, as mentioned in the report of the 19th National Congress of the Communist Party of China in October and the Government Work Report in March.
China has not set a GDP target, which could be good news for the world, said a signed article by Jin Keyu, a professor of economics at the London School of Economics and Political Science, which was posted on the Guardian website on June 1.