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China's internet celebrities are leveraging their popularity among young Chinese followers to make money like never before, creating an industry with real investment value, a new industry report has found.
China's monetary authority plans to keep its prudent and neutral stance unchanged, despite the recent fine-tuning of the country's monetary policy, central bank officials said.
China's leading theme park operator, Chimelong Group, said it would change its preferential ticketing standards, offering discounted tickets to all visitors under the age of 18, instead of by their height measurements.
China's fiscal deficit increased from 2.18 trillion yuan in 2016 to 2.76 trillion yuan in 2019. This year, it was raised to 3.76 trillion yuan to mitigate the negative effects of the COVID-19 pandemic. The fiscal deficit ratio has risen to 3.6 percent of GDP this year, the highest level since the founding of the People's Republic of China in 1949, according to the ministry.
China's consumption showed ample resilience despite trade friction in the first half of 2018, with final consumption contributing to 78.5 percent of GDP growth, up from 58.8 percent last year, according to the National Bureau of Statistics (NBS).
来源：资阳报