The consensus reached between China and the United States to take measures to ease bilateral trade tensions is being hailed in the international community as beneficial to the global economy, experts said.
The consideration took into account STA Guangzhou's current performance, net asset value and growth potential in the fast-developing Baiyun International Airport, which is based in Guangzhou, the capital of Guangdong province, according to Singapore Technologies Engineering Ltd, the parent company of ST Aerospace.
The congress will hopefully have an enduring impact on international cultural relations outside the discipline of philosophy, and promote mutual understanding and respect for traditions and trust around the world, Moran said.
The continued easy monetary and financial conditions are fueling investors' risk appetite, and broadening their search for yield, said the IMF. As the search for yield is intensified, market risks are shifting from banking sector to non-banking sector, it added.
The country has expanded the pilot program to spur innovative development of services in 28 cities and regions, including Beijing, Xi'an, capital of Shaanxi province, and Urumqi, capital of the Xinjiang Uyghur autonomous region, underscoring efforts to stabilize foreign trade and foster new growth drivers amid the COVID-19 pandemic.
The conglomerate will include a total of 16 companies, with eight firms having already invested 33.2 billion yuan in the joint venture.
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The country supports platform enterprises to pursue innovative development and enhance international competitiveness, and supports the joint development of the public and non-public sectors.
The country will deepen international cooperation in epidemic prevention and control and continue to export medical supplies around the world, he added.
The cooperation also includes establishing a financial service platform between China and Portuguese-speaking countries, developing cross-border financing and leasing business, expanding cross-border cooperative channels and supporting more insurance products between Guangdong and Macao, according to the Guangdong Provincial Financial Regulatory Bureau.
The country should push for high-quality development of the sector with a focus on improving financial services and forestalling financial risks, he added.