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China's economic policies in coping with shocks of the novel coronavirus will focus on keeping jobs and protecting people's livelihoods, Premier Li Keqiang said at a news conference on Thursday.
China's lower-tier cities are stealing the residential property market thunder from bigger places as home prices continue to rise, thanks to fewer restrictions on purchases there.
China's outstanding property loans were up 13.9 percent from a year earlier at 46.16 trillion yuan (about .59 trillion) as of the end of March, according to a report from the People's Bank of China (PBOC).
China's efforts to advance the Belt and Road Initiative - particularly the landmark Port of Piraeus project in Greece - under the leadership of President Xi Jinping have led to remarkable progress and benefits for both countries and Eurasia as a whole, according to leaders and officials.
China's deleveraging and risk reduction campaign showed initial signs of success in 2018, but it also constrained small and private businesses from finding credit in the less-regulated shadow banking sector. Credit constraints have affected many companies and added debt default risks, which could also increase unemployment in a slowing economy, analysts said.
来源：资阳报