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China's privately-owned steel companies are proving to be more innovative and more productive than their State-owned counterparts, especially in the adoption of intelligent management and execution systems for cutting costs.
China's small-and medium-sized enterprises account for more than half of the country's GDP growth and tax revenues and most of the jobs. But the financing bottleneck has become a major problem affecting their development. China has cut the reserve requirement ratio four times since the start of last year, which has substantially improved the access of small-and medium-sized enterprises to lower-cost funds.
China, as a permanent member of the UN Security Council, upheld an impartial and objective position and played a responsible and constructive role in the process of the adoption of the resolution, he said.
China’s high-speed system has reached 25,000 kilometers in length, accounting for more than 60 percent of the world’s total. The network expanded to Hong Kong last month, cutting a daylong trip to Beijing to around nine hours.
China's tech boom has spurred a wave of technological innovations to aid the country's anti-virus battle, from rapid test kits for the novel coronavirus to new temperature detectors.
来源：资阳报