Population in the area, comprising nine cities in Guangdong province and Hong Kong and Macao Special Administrative Regions, is forecast to exceed 100 million by 2035 – up from 2017's 70 million, according to a Savills report.
Premier Li Keqiang, who presided over the executive meeting, said the government must establish an oversight mechanism to intervene in unreasonable and unconventional price hikes of drugs.
Poverty alleviation and wealth generation: China's development has contributed to inclusive growth through poverty reduction, dramatically improving the living standard of 1.39 billion people.
Poverty reduction inputs
Premier Li: We welcome the recent de-escalation of tensions on the Korean Peninsula. China supports all efforts that are conducive to the resolution of the Korean nuclear issue through dialogue and negotiation. China will continue to do all it can to take forward the denuclearization process and uphold peace and stability on the Korean Peninsula. We hope that all parties will show sincerity and take concrete actions to get the nuclear issue back to the track of negotiation and strive for new progress toward denuclearization and peace and stability on the Korean Peninsula. We believe this serves the interests of all parties and the world at large.
Premier Li Keqiang said at the meeting that a stable job market is a key indicator of the economy performing within a reasonable range, and it is important to steady the current jobs position while making efforts to create new ones.
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President Xi Jinping meets French Prime Minister Edouard Philippe at the Great Hall of the People in Beijing on Monday. Xi said China appreciates France’s proactive participation in building the Belt and Road. FENG YONGBIN / CHINA DAILY
Powell said shrinkage of the US economy "could easily be in the 20s or 30s (percent)" but the situation differs from the Great Depression because the Federal Reserve has taken steps to support the economy and Congress has approved nearly trillion in emergency funding. The House has passed and the Senate and is about to debate a second stimulus package.
Poverty remains a challenge in the building of an all-round prosperous society. China is continuing a large-scale program to eradicate poverty with precise measures in areas such as finance, industry and tourism.
President Xi Jinping hosts a dinner on Saturday evening to welcome guests gathered in the coastal city of Qingdao for the 18th Shanghai Cooperation Organization Summit. XU JINGXING/CHINA DAILY