To increase the share of direct financing, the country must adhere to the problem-solving approach and speed up the removal of institutional obstacles.
To solve that crisis, the Fed further lowered interest rates and began a long program of quantitative easing-directly buying bonds and other assets. This money again flowed into stocks and housing-creating the 11-year boom in the US markets. The market response to the Fed announcement on Sunday reflects long-standing doubts about the sustainability of this liquidity-driven boom.
To this end, Beijing has taken measures such as sewage interception and sediment dredging, with the aim of maintaining clean and safe water. The city is promoting renovation of black and smelly waterways through drainage recycling and ecological management, among other methods, said Pan Anjun, spokesman of the Beijing Water Authority.
To understand China, one must start by respecting and understanding its culture, he said. For example, in martial arts, the three key principles are "place a solid foundation with footwork, be ready to react to change, and hold the position to gather your pose".
Today, Alibaba?is hosting?the 11.11 Shopping Festival, also called Singles Day, and it’s getting?unprecedented attention this year following the Chinese e-commerce giant’s blockbuster IPO in the U.S.
Today's exercise of power by the National People's Congress contrasts sharply with a century ago when the nation began to learn about democracy, but soon found that Western political models did not work here. Decades of turmoil and civil war followed.
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To toughen gun control, Payette said on Trudeau's behalf that the government" will crack down on gun crime, banning military-style assault rifles and taking steps to introduce a buy-back program."
To maintain a close tie with the people, Xi said Party officials should "resolutely oppose privilege-seeking and work with and among the people to resolve their pressing concerns."
To prevent infection from the coronavirus, the subsidiaries of central SOEs have been told not to send any staff to foreign countries to carry out overseas business plans.
To implement the rule of law and promote humanitarianism, China has implemented the amnesty system stipulated in the Constitution, and granted amnesty for four types of criminals, it said.