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At the meeting, the premier called for promoting bilateral trade, connectivity, innovation cooperation, financial cooperation and people-to-people exchanges.
At the Central Economic Work Conference, convened in late 2017, Xi Jinping Thought on Socialist Economy with Chinese Characteristics for a New Era was put forward for the first time. It contains a series of principles for managing the Chinese economy, such as pursuit of high-quality development, supply-side structural reform, and allowing the market to play the decisive role in resource allocation while more effectively bringing out the role of government in market regulation.
Atlanta-based Delta Airlines announced on Thursday it will add another two weekly flights between the United States and China starting Aug 24 to meet increasing travel demand. At present, Delta provides two flights between the two countries per week.
At present, consumption in China contributes to 36 percent of overall GDP, while the figure is 63 percent in the United States, which means a lot of potential to grow. However, retailing in China takes up 44 percent of GDP, which is higher than the United States. Therefore, despite the big potential of consumption to grow, it is not necessary for retail to grow at the same time, Pei said.
At the beginning of the pandemic, Commerce Secretary Wilbur Ross said the coronavirus would "help to accelerate the return of jobs to North America", while US Trade Representative Robert Lighthizer held the same view in early May, as he believed the pandemic left US companies with no choice but to return to the US.
来源：资阳报