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"But most producers don't have enough money for their R&D work. With the support of the fund, domestic suppliers can bring in more advanced technology from abroad through investments, and mergers and acquisitions," Lin added. "This will in effect help domestic companies to grow faster and produce more competitive products."
"China is very advanced in biomedicine and advanced in all kinds of technologies, so exchanges between the two countries in those areas can greatly benefit both countries."
"But more important, it will be one of the two development engines of Shanghai. While Lingang Special Area, which is in the city's east, will feature high-end manufacturing, Hongqiao will become an important research and development hub that radiates throughout the entire Yangtze River Delta region," Chen said.
"China has been completely and strictly implementing DPRK-related resolutions of the Security Council, and faithfully fulfilling its international obligations. To that end, China has sustained huge losses and made tremendous sacrifice," the spokesperson said.
"Central banks' balance sheets are expanding extremely rapidly as they buy up large quantities of public and private assets and increase their lending to financial institutions in their efforts to counter the damaging economic impact of the coronavirus," Fitch said in a report.
来源：资阳报