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China's economy is expected to come out of a valley by the middle of this year due to an expected rise in leading economic indicators, Evergrande Group Chief Economist Ren Zeping said during a recent forum.
China's largest online travel agency Trip.com launched on Thursday night a 1 billion yuan (5 million) fund to relieve the cash flow burden of its suppliers as the country battles the novel coronavirus outbreak.
China's manufacturing sector has sustained expansion for two consecutive months as of April after a deep contraction in February.
China's economy expanded 6.9 percent last year, picking up for the first time in seven years and well above the government annual target of around 6.5 percent.
China's new development philosophy, which embraces innovation, coordination, going green, openness and sharing, is the guidance of the 14th Five-Year Plan, which is also a significant part of Xi's economic thought, said Yang Weimin, deputy director of the Economic Affairs Committee of the Chinese People's Political Consultative Conference National Committee.
来源：资阳报