In a signed article, Finance Minister Liu Kun said it was imperative to bring down the contingent liabilities of local governments. The minster's comments also marks a change in the government's perception about local government debt. The earlier stance of the ministry was on "controlling the incremental part of the hidden debt", which is usually debt borrowed by State-owned companies and local government financing vehicles, but implicitly guaranteed by the government.
In a speech to Chinese academicians in May last year, President Xi stressed that of all the things and beings in the world, man is the most valuable, because man is the creator of all innovations.
In a tweet, Trump accused House Speaker Nancy Pelosi of failing to negotiate in good faith after she rejected an opening bid from Treasury Secretary Steven Mnuchin in their latest round of talks.
In a statement sent before 4 am on Wednesday, Biden campaign manager Jen O'Malley Dillon called Trump's statement that he will "be going to the US Supreme Court" and that he wants "all voting to stop" "outrageous, unprecedented and incorrect".
In a far-reaching survey, more than 60 percent of the 1,200 people questioned felt integrated transports links, such as rail, road and air, had made significant progress since 2005-15, and brought the regions closer together.
In a first for Chinese drug-makers, Walvax Biotechnology Co Ltd has produced a vaccine branded Weuphoria that protects little children and infants from a variety of diseases like pneumonia, bacteremia, meningitis, otitis media and sinusitis.
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In a recent interview with Xinhua, professor Yu Xiong at the Surrey Business School in the University of Surrey, gave his analysis on how the southern Chinese city of Shenzhen grew booming and outstanding over just past four decades.
In a statement, Sony said the company believes China is a key strategic region in the entertainment business. The two companies will further pursue collaboration opportunities of the entertainment business in the Chinese market, including animation and mobile games, they said.
In a meeting with Hubei deputies to the National People's Congress in May, President Xi Jinping called for reform of the public health system. China's public health and medical service systems have played their key roles in dealing with the epidemic, but some weak links and inadequacies were also exposed, Xi said, urging prompt efforts to fix them.
In a meeting with Yasutoshi Nishimura, Japan's economy minister who is also in charge of anti-coronavirus measures, Koike suggested stronger action against defiant business operators, including revealing their names if their businesses do not stay closed.