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"China, over the past 10 years, has seen rapid growth in the IoT industry and the enterprises involved, but it hasn't gained an explosive momentum," said Ye Tianchun, director of the Institute of Microelectronics at the Chinese Academy of Sciences.
"Coronavirus's economic danger is exponentially greater than its health risks to the public. The trillions of dollars wiped from financial markets this week will be just the beginning if our governments do not step in. And if President Trump continues to stumble, it may well affect his chances of re-election."
"Companies from Europe and other parts of the world are all part of China's story of development", he said, adding they will continue to achieve mutual benefit through their operation in China.
"Coordination and integration between cities remain the key words of developing metropolitan areas," said Zhang Yansheng, chief research fellow at the China Center for International Economic Exchanges. Shenzhen, the most innovative region in the Greater Bay Area, may join hands with Hong Kong, which boasts top universities, capital markets and a modern service industry. Zhang suggested Guangzhou, as a city of trade and service, could also coordinate with Foshan, which boasts a high-quality traditional manufacturing industry.
"Consistent with its statutory mandate, the Committee seeks to foster maximum employment and price stability. In support of these goals, the Committee decided to maintain the target range for the federal funds rate at 2-1/4 to 2-1/2 percent," the statement said.
来源：资阳报