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China is the leading overseas market for Bordeaux wines, according to Allan Sichel, vice-president of a group representing nearly 10,000 wine producers and growers from the French region.
China is forming a new development pattern known as "dual circulation," which takes the domestic market as the mainstay while allowing domestic and foreign markets to boost each other, and the new pattern will be conducive to keeping the country's current account generally within the reasonable range, Wang said.
China is considering introducing a "countercyclical factor" to adjust the way it calculates the yuan's daily reference rate against the dollar, according to a statement by the country's foreign exchange trading system on Friday. Analysts said the move will help prevent excessive fluctuation of the currency.
China has the confidence and capability to win the battle on the prevention and control of the pneumonia epidemic caused by the novel coronavirus, President Xi Jinping said on Wednesday.
China is ready to advance cooperation with the Philippines under the Belt and Road Initiative, in people-to-people exchanges, maritime dialogue and cooperation, and regional integration, said Wang.
来源：资阳报