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Chinese central bank governor on Friday repeated that there is no basis for continued weakness of the yuan and China will not seek to boost exports through competitive devaluation.
The reform will mainly be pushed forward through mergers and acquisitions, instead of bankruptcies, Xiao said, adding that China will not experience another upsurge in layoffs like the one seen in 1990s' SOE reforms.
Long said that reporters should profile ordinary people and their "true and touching deeds."
Chen Zhenggao, minister of housing and urban-rural development, said Sunday's document was drafted based on careful research by its ministry and 29 other related departments.
He said that Beijing and Washington have "far more common interests than areas of disagreement," adding that the two sides should boost strategic mutual trust, deepen practical cooperation and constructively manage differences to achieve greater progress in bilateral ties.
来源：资阳报