The Chinese government has made continuous efforts to tackle this issue through restructuring options including mergers and consolidation, liquidation, debt-equity swaps and corporate asset sales.
The Chinese government and information technology companies have worked closely to combat COVID-19 with advanced technologies, offering an opportunity to enhance the country's digital economy, said Jin Jianmin, a senior fellow at the Fujitsu Research Institute in Tokyo.
The Caixin manufacturing PMI declined in December to 49.7, the lowest level since May 2017.
The Central Economic Working Conference held last December has put forward the proposal that SOE reforms be accelerated.
The Chinese government encourages capable Chinese enterprises to conduct business cooperation in Zimbabwe and is willing to provide support for Zimbabwe's economic and social development within China's capabilities, said the premier.
The Cambodian government is committed to fostering an investor friendly ecosystem to help address the challenges in logistics and efficiency of the flow of goods and services, he added.
seo前
The China International Fair for Trade in Services, the first large international event to be held in Beijing since the COVID-19 outbreak, will start on Friday.
The China-led organization is planning to put intercontinental grids in place in each continent by 2050, after setting up a countrywide super-grid by 2020.
The China Securities Regulatory Commission (CSRC) recently started to solicit public opinion on a special regulation, expecting to regulate IPO activities in the registration system of ChiNext, and protect the legitimate rights and interests of investors and public interests.
The Chinese initiative offered a new opportunity for further economic and trade cooperation between developing countries, thus conducive to promoting peace, stability and development in relevant regions, he said.