Li Xunlei, chief economist at Zhongtai Securities, said investors appear to be willing to take more risks as they are encouraged by monetary easing meant to contain the shock of the epidemic on the financial market and the economy.
Li Chao, vice-chairman of the China Securities Regulatory Commission, said it is "irresponsible" for the US administration to label China as "a currency manipulator", as it not only violates rules and common sense, but also causes damage to the US itself and stock markets of other economies.
Leverage refers to the amount of debt a firm uses to finance assets. In the context of a property firm, high leverage would mean its projects have more debt, mostly in the form of bank loans, than equity.
Lhakpa Dondrub, 24, who has taught at the village kindergarten for almost five years, said: "We have lived happy lives since obtaining Chinese nationality in 2003. There is nothing to worry about, and you often see smiles on the faces of the elders and the children. I really appreciate what the country has done for us."
Less than two years before that, on October 7, 1949, the Ministry of Foreign Affairs in Warsaw had received then-premier Zhou Enlai's letter of approval to the Polish proposal to establish full diplomatic relations. Soon, Poland became the second nation, after the Soviet Union, to open an embassy in China.
Li attributed the increase in average output per hectare to favorable weather that benefited wheat production, and an improvement in farm management and pest control.
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Li briefed the Russian delegation on how the NPC serves the country's overall development. He said the NPC and its standing committee always perform their duties in accordance with the law and focus on meeting the priority tasks of the CPC and the country, adding that China is ready to exchange experience with Russia on state governance.
Li Hongpeng, a former executive at Mercedes-Benz's China business, has been put at the helm of the carmaker's national distribution services division that became operational from July.
Li Xinchuang, president of the China Metallurgical Industry Planning and Research Institute, said the increased output of Chinese mills, growing about 10 percent from 928 million tons of crude steel last year, indeed helps bolster iron ore price, especially when the main iron ore producers have lowered output and estimates due to mine shutdowns and weather disturbances.
Leung Chun-ying, vice-chairman of the CPPCC National Committee and former Hong Kong chief executive, holds that the national security law for Hong Kong protects and fully respects the unique conditions of the "one country, two systems" principle.