The government allocated 330 billion baht (.44 billion) for the public health sector in 2018. But the research institute estimated that annual healthcare spending will rise to 1.4 trillion baht to meet the needs of an aging society.
The general view among economists is that China's recovery will continue in the second half but the sequential pace may be slower as the economy continues to face acute challenges such as persisting unemployment pressure and the possibility of the resurgence of the pandemic.
The fund will cooperate with some province-level financing guarantee and re-guarantee institutions "to try to support 150,000 small and micro companies and issue 140 billion yuan in new loans each year", said Liu.
The fossils in the shape of "leaves" are actually early animals. The four paleontological species, which are now extinct, have a body length of about 10 cm. These ancient "leaves" have round suckers at the bottom that adsorbed to the sea bed, while the "stems" and "leaves" stood upright in the sea.
The government will moderately raise the fiscal deficit ratio, issue special Treasury bonds to counter the COVID-19 impact, increase local government special bonds and continually implement tax and fee cuts, to proactively offset the economic downturn, Finance Minister Liu Kun said on Thursday.
The four-day event closed on May 28 in Guiyang, capital of Southwest China's Guizhou province, after attracting more than 50,000 business and industry leaders and buyers from 20 countries and regions.
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The fund was announced as one of 72 outcomes from the 9th UK-China Economic and Financial Dialogue which took place in Beijing last December.
The government has undertaken continuous efforts to encourage private investment. In the first seven months of this year, the total value of private investment reached 22.26 trillion yuan (.23 trillion), registering year-on-year growth of 8.8 percent, 3.3 percentage points higher than overall investment growth. Private investment amounts to 62.6 percent of total investment in the country, making private investment the major pillar of investment growth.
The global case count reached 32,048,333, with a total of 979,454 deaths worldwide as of 3:23 pm local time (1923 GMT), the CSSE data showed.
The freight train will start from Changchun, capital of Jilin Province, and exit China via Hunchun Port in Yanbian. It will pass through Russia's Slavyanka and Khabarovsk, and connect with the trans-Siberian railway to Europe.