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China's central bank announced on Friday to cut the reserve requirement ratio of banks (ratio money lenders are required to keep aside as reserves) by 1 percentage point to inject cash into the economy to bolster growth.
China will have the rotating presidency of the SCO next year. Xi will talk with other leaders at the summit about making the SCO stronger and a bigger contributor to global peace and stability, Li said.
China's GDP growth slowed to 6.3 percent year-on-year in the first half of this year. Consumer price index rose to 2.8 percent in August. The ADB forecast that the whole-year CPI growth will reach 2.6 percent this year, still lower than the country's inflation control target of 3 percent.
China will overtake the United States to become the world's biggest economy by 2030, economists at HSBC Holdings Plc predicted in a study published on Tuesday, Bloomberg reported.
China's Beijing, Shenzhen and Shanghai have the most self-made women billionaires on the list, while Hangzhou and Xiamen have broken into the first five spots, the list added.
来源：资阳报