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Another important policy will be the pooling of fiscal resources under unified plans. From 2016 to the end of September this year, the 832 poverty-stricken counties have streamlined more than 1.5 trillion yuan of funds, prioritizing and concentrating on the task of poverty alleviation, officials said.
Another reason is that the US' furious trading partners are "deliberately" targeting industries located in politically sensitive areas, she said.
Apart from prudent economic policies, curbing money supply would also be another key objective for policymakers. China is likely to set the slowest single-digit M2 growth target in history next year, in an effort to control the "master valve" of total money supply, primarily to crimp the nerve center of rising debt and the trigger of asset bubbles. That, in a nutshell, was also the key message handed out by economists after this year's annual Central Economic Work Conference.
Apart from manufacturing HPV vaccines, Walvax said that it will accelerate the research and development process for a SARS-CoV-2 vaccine, fulfilling its commitment of providing safe, effective and high-quality global public goods to the world, and contributing to the realization of vaccine accessibility and affordability in developing countries.
Apart from the fiscal side, the financial sector has also stepped up support to the real economy. By Wednesday, banks in Shanghai have offered up to 90 loans valued at 1.31 billion yuan to 48 key companies, with the weighted average interest rate coming in at 2.35 percent, said Li Jun, deputy director of the Shanghai financial services office.
来源：资阳报