Rudd also said during his keynote speech at the forum that the world is eager to find out more about China, including how the country's financial system reforms are taking place, China's future policies on foreign trade and investments, as well as how the Chinese leadership plans to deleverage its economy.
Reuters contributed to this story.
Revenue of China's rental homes market will reach 4.2 trillion yuan by 2030, up from 1.3 trillion yuan now, according to a research report from Orient Securities.
Restaurants should disinfect their toilets at least once a day, and check the restrooms every 15 minutes during peak hours, according to a guideline released by the Beijing Food and Drug Administration on Thursday.
Ruan said slower growth in new yuan loans to the property market is a significant factor in the slower money supply growth.
Ride-hailing firm to use funds for fleet expansion amid competition
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Roach, a former Asia chairman and chief economist for investment bank Morgan Stanley, says the major challenge for China in its new era will be dealing with the “principal contradiction” that General Secretary Xi Jinping highlighted in his report to the 19th National Congress of the Communist Party of China in October.
Retail sales of passenger vehicles dropped by 20 percent year-on-year to 1.72 million units in January, while that of February plunged 78.5 percent to 252,000 units amid the epidemic outbreak, said the CPCA.
Rule of law is the best guarantee of human rights
Reverse repo is a process by which the central bank purchases securities from commercial banks through bidding with an agreement to sell them back in the future.