Wang added that the decline of the potential economic output level shrank the tax base, which may increase debt defaults. Financial risks also come from low interest rates, soaring asset prices and the expanding balance sheets of major central banks.
Wang Youxin, an analyst at Bank of China's research institute, said the recent move further implies there will be no changes to the benchmark rate, as it has already helped to shrink the gap between the two countries, mainly the short-run interest rate gap.
Wang Lei, director of the museum, said due to long-term exposure of wind, rain and sunshine, the tower roof suffered from rain leakage and partial peeling of its ornaments.
Wang reported negative result in his nucleic acid testing on Oct 5, but his nucleic acid testing result came out positive in the latest routine test conducted on Oct 15, said the statement.
Wang Yuchun, president of Shengdi Co, a market leader of China's saxophone production, said: "Shengdi now has shifted 20 percent of its production to high-end market, and devoting greater effort to scouting for global leading music troupes."
Wang also said that the central government not only audits the use of the funds but also pays attention to the qualification of those who benefit, which is also key to ensuring the funds are used properly.
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Wang said both countries should boost mutual understanding, minimize their differences and create conditions for fully restoring the development of their relations.
Wang said foreign-invested companies and domestic enterprises are treated equally and they can enjoy the same favorable policies China has rolled out to encourage work resumption.
Wang Jinshan and his wife started their RV trip after retiring last year, and they have now toured almost half of China. "We feel better and healthier," Wang said.
Wang Yinshi,a retired employee of Jilin University,has developed a great interest in handcrafted items and created these inventive works of art himself.