The consensus document, unveiled at the launch of a monthlong festival showcasing the four countries’ natural and cultural attractions, calls for the building of sustainable cultural exchanges, outbound and inbound tourism, and tourism investment mechanisms in coastal cities around the world.
The coronavirus has not slowed China's steady deployment of 5G infrastructure. With tens of thousands of 5G base stations built every week in the country, domestic supply chains will be revived, cementing and advancing the country's position as the factory floor of the world, a Bloomberg article concluded.
The country has seen more challenges in work safety controls as the economy develops and urbanization continues, he said.
The counsels noted that Lee could organize meetings to handle the backlog caused by the impasse, especially those issues that need immediate attention. However, Lee, who is standing for re-election as chairperson, should continue to stay out of the election process, they added.
The country has used a "debt-to-bond" swap program since 2014 as an innovative method of shifting short-term and high-default-risk debt into long-term and relatively stable bonds. This eases local governments' debt burden and strengthens management.
The country has so far sent close to 20,000 healthcare workers to provide medical treatment in Wuhan and other areas in Hubei, the statement said, adding that some provincial areas will continue to send medical teams to Wuhan.
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The conditions of the people on board remain unknown.
The conference, which began in 1997, is convened once in five years, and is widely considered to be effective in setting the tone for financial reforms.
The country plans to invest between .5 billion and billion to upgrade the East-West highway and the country's freight train network, and build the Anaklia deep sea port mainly for bulk vessels, with an annual handling capacity of 100 million metric tons of cargo.
The country will step up credit support for infrastructure projects with sound capital base and good operation, on the condition that the funding won't add up to the hidden debt burden of local governments, the China Banking and Insurance Regulatory Commission said in an online statement.