In the long run, the price of soybeans may be affected by many factors, such as possible changes in China-US trade relations, and are hard to predict, he said.
In the past, this lack of go-global strategy insulated the Chinese economy from global volatility. However, currency imbalances caused partly by the accumulated trade surplus, and continuous injections of liquidity in the domestic financial system while maintaining a not yet fully liberalized capital account have led to asset bubbles in real estate and stock market volatility, said Ngai.
In the midst of a complicated and changing international situation, the two sides should strengthen cooperation, in a bid to jointly safeguard global peace and stability, as well as promote world economic growth, said Steinmeier.
In the late 1980s, Chen, an elite student, majored in physics at the University of Science and Technology of China in Hefei, Anhui province, and worked in the US with her husband for many years before settling in Beijing in 2011.
In the meantime, information services saw 28.5 percent year-on-year growth in FDI flows, while e-commerce businesses notched up gains of 62.4 percent on a yearly basis. Professional technical services was another major gainer with a 95-percent growth in FDI flows on a yearly basis.
In the past four months, more than 200,000 extracurricular, or after-school tutoring institutions were checked nationwide while more than 12,000 such training institutions had their programs changed to be in parallel with school schedules, according to the Ministry of Education.
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In the meantime, CIIC actively provided human resources services to locally-administrated State-owned enterprises, private and foreign companies. It released 3,628 job categories for nearly 2,200 companies to hire about 40,000 people. The company received a total of 47,000 submitted resumes.
In the talks, Xi called for joint efforts with the Panamanian side to safeguard principles and maintain justice in international affairs, boost common development through cooperation, and bring more happiness for the people of both countries.
In the next step, Zhu said the government should focus on ensuring "six priorities" and stability in six areas for steady economic momentum, and build a new "dual circulation" development pattern that looks at the domestic market as the country's economic mainstay with domestic and foreign markets complementing each other. "We should further boost domestic demand, continue to stimulate market players' vitality and unleash the consumption potential."
In the past, she held roles across sales, strategy, channels and business development at MNCs such as Avaya, Alcatel Lucent and Philips Lighting.