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"Implementing major science and technology programs is essential to raising our country's innovation capability and realize leapfrog development," said Liu when addressing a national conference on these programs.
Purchases of short-dated maturities have remained the central bank's main method of stabilizing liquidity, and Wednesday's operations included 90 billion yuan of seven-day reverse repos priced to yield 2.45 percent; 10 billion yuan of 14-day contracts with a yield of 2.6 percent; and 10 billion yuan of 28-day agreements with a yield of 2.75 percent.
"China's growth is an incredible contribution to the global economy," said Klaus Schwab, the World Economic Forum (WEF) founder and executive chairman.
The central government will review the cutting of overcapacity, property market destocking, tax reduction for enterprises, the development of service consumption and major engineering projects.
The projected expansion and modernization of land and sea routes are expected to change this, Ikiara said, adding that already modernized ports in Kenya, Ethiopia, Tanzania and other parts of the continent are having a visibly significant impact.
来源：资阳报