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China and Papua New Guinea should strengthen connection of development strategies under the Belt and Road framework and enhance cooperation in such areas as economy, trade, investment and finance, President Xi Jinping said on Friday.
China Mengniu Dairy Co Ltd, one of the country's biggest dairy producers by revenue, plans to add more products to suit local preferences in countries and regions covered by the Belt and Road Initiative this year, said its top executive.
China also will increase efforts to improve legal framework, credit mechanisms and talent development for the financial sector to help the Chinese economy expand steadily, Li said.
China and the United States are taking extremely different approaches to limiting the economic damage caused by the COVID-19 pandemic and the business shutdowns needed to control the spread of the novel coronavirus. China is focusing on restraining debt while targeting assistance to companies and sectors most affected. The US is borrowing massively to implement the largest monetary and fiscal stimulus package in history.
China Life in 2016 set up a 12 billion yuan (.8 billion) PE fund focusing on the health sector, the largest one of such kind in the country.
来源：资阳报