Stephen Roach, a leading United States economist and senior fellow at Yale University's Jackson Institute for Global Affairs, said China is set to escape the middle-income trap, as it has taken two important steps.
State Councilor and Foreign Minister Wang Yi arrived in Pyongyang on Wednesday for a two-day visit to the Democratic People's Republic of Korea.
Stable food production and prices in China will contribute greatly to global food security, which has been challenged by the ongoing COVID-19 pandemic, a major body of the United Nations said.
Statistics show that as of March 9, more than 90 percent of industrial enterprises above a designated size and more than 60 percent of small and medium-sized enterprises had resumed operations in Shenyang.
Statistics from Kazakhstan's national railway company show that in the first seven months of this year, the number of containers shipped by China-Europe freight trains via Kazakhstan has increased by 61 percent to 290,000.
State-owned enterprises, most of which are in the upstream of the industry chain, play roles in basic industries and heavy manufacturing, while private enterprises are more involved in providing manufacturing products, especially final consumption goods, said Liu.
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State Council, central govt bodies say legislation won't undermine autonomy
Starbucks is not alone. McDonald's trialed replacing plastic straws with strawless lids and only providing straws on request from the customer in 10 stores in Beijing in November 2018, encouraging customers to reduce straw use.
Statistics from the General Administration of Quality Supervision, Inspection and Quarantine show that 38 carmakers, including both volume and premium brands, made 118 recalls of 4.86 million cars from January to June, an 18.87 percent fall from the same period last year.
Staff work on the production line of an agricultural machinery manufacturer in Ningjing county, Hebei province, on May 22. [Photo/Xinhua]