The fourfold expansion would send the proportions to 80 percent and 20 percent, respectively, making the Hong Kong stock market almost totally open to mainland investors, and opening the door of the mainland equity market much wider to overseas investors, Chen reckoned.
The government of Dalian, Liaoning province, has donated four batches of anti-epidemic materials — 1.25 million pieces altogether — to 32 sister cities, institutions and Chinese embassies and consulates in Japan and the Republic of Korea.
The general PMI output index for July reached 53.6, down from 54.4 in June, indicating steady but slower production and operation activity expansion for the country's enterprises.
The government has also encouraged the economic and effective exploration and production of unconventional low-grade oil and gas resources, including tight oil, shale oil, shale gas and coal bed gas.
The funeral for Macao gaming tycoon Stanley Ho Hung-sun, a patriotic business titan, was held at the Hong Kong Funeral Home on Friday.
The gathering is scheduled for April 6-7 and half of the participants are expected to be from China. So far, five Chinese cities - the Shunyi District of Beijing, Beichen District of Tianjin, Xuzhou, Changzhou and Nanchang - have confirmed their attendance. The organizers expect more confirmations in the coming weeks.
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The gathering, which took place on Thursday morning in London's Southbank Centre, was integrated with the UK-China People-to-People Dialogue, which was jointly led by Liu and Jeremy Hunt, the United Kingdom's health minister.
The government is working to channel funding to small and micro businesses and the rural sector, which are usually less favored by banks due to higher credit risks than state-owned giants and other sectors.
The government is plowing ahead. In June, the country's top economic planner, the National Development and Reform Commission, together with the Ministry of Industry and Information Technology and the Ministry of Natural Resources, began detailed surveys in seven areas rich in rare earth deposits - the Inner Mongolia and Guangxi Zhuang autonomous regions and the provinces of Jiangxi, Fujian, Hunan, Guangdong and Sichuan.
The goal was announced at last week's vendor conference in Shanghai, where Hema forged partnerships with over 500 merchants including agriculture produce bases, and pledged not to charge any fees as prerequisites for brands to access Hema.