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China's ongoing efforts to spur new forms of consumption will help stimulate market players' vitality, boost domestic demand and support economic recovery, the country's top economic regulator said on Tuesday.
China's financial services industry has been expanding at a swift pace. It is estimated that the technology spending market for Chinese financial institutions totaled .3 billion.
China's envoy called for the international community to speed up global poverty reduction at a United Nations meeting.
China's massive hog herds took a hard hit from the African swine fever outbreak that was first detected in August 2018. This year, the COVID-19 epidemic also exerted a toll on the industry by disrupting logistics and delaying work resumption during the height of the disease outbreak.
China's labor is becoming expensive too, and more skilled. So, China needs to move away from setting up industries that basically service imports from East Asia. Instead, China should set up industries that are indigenous and can use innovation to produce new products. The country is already doing this quite well. China has beaten the US in 5G, and leads in artificial intelligence.
来源：资阳报