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Consumer demand is rising rapidly as the country accelerates the resumption of work and production nationwide, noted Lin Tao, an official with the NBS, adding that the domestic consumer demand will be further released and the consumer market is expected to maintain steady growth.

Credit lending and collateralized lending now are the two options for the central bank to provide base money, but the former could entail credit risks, experts said, adding that the PBOC has also created innovative monetary policy instruments like standing lending facility and the pledged supplementary lending.

Cooperation between the two countries, said the Chinese leader, can not only boost their respective development, but also will contribute to peace, stability and prosperity in Asia and the wider world.

Considering the scale and importance of the Chinese property market, we suggest the following measures.

Conservation Labs?(Pittsburgh): A low-cost, easy to install smart water meter to save money and detect leaks.