On the 15th, the central bank officially implemented the second comprehensive RRR reduction in the year.Recently, the central bank announced that it would reduce the deposit reserve ratio of financial institutions by 0.5 percentage points on the 15th (excluding financial institutions that have implemented the 5% deposit reserve ratio).The RRR reduction is the second comprehensive RRR reduction by the central bank in 2021 after July 15, releasing a total of about 1.2 trillion yuan of long-term funds.Better support the real economyOn December 6, when answering reporters' questions, the relev...
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Xinhua news agency, Beijing, December 13 (reporter Wu Yue) - Hu Chunhua, vice premier of the State Council and Chinese leader of the China France high level economic and financial dialogue, and Lemel, French Minister of economy and finance and French leader of the dialogue, CO chaired the Eighth China France high level economic and financial dialogue on December 13.Under the guidance of the two heads of state and with the joint efforts of both sides, China France practical cooperation has made new positive progress, bilateral trade has reached a record high, two-way investment has increased ra...
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Xinhua news agency, Beijing, December 13 - Premier Li Keqiang met with World Bank President Marcus malpaz in Ziguangge, Zhongnanhai on the morning of December 13.Li Keqiang said that the sixth '1 + 6' round table dialogue held not long ago was frank and fruitful. We have just held a central economic work conference. As the world's largest developing country, China's economic work next year will adhere to the principle of stability and seek progress while maintaining stability. In the face of new downward pressure, we will put steady growth in a more prominent position, coordina...
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Washington, Dec. 12 (Xinhua) -- The US economy has benefited significantly from China's entry into the WTOThis year marks the 20th anniversary of China's accession to the World Trade Organization. Over the past 20 years, China has faithfully fulfilled its WTO commitments. China's economy is highly integrated with the global economy. China's development dividend has benefited the world, and the US economy as well.The United States has benefited significantly from China's accession to the WTO, which is reflected in the exponential growth of ITS trade and investment with China...
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BEIJING, Dec. 10 (Xinhua) -- The Chinese authorities have emphasized the need to establish a proper understanding of the country's major economic and development issues in a tone-setting economic meeting.'As China enters a new stage of development, its internal and external environment has undergone profound changes. The country is faced with major theoretical and practical issues that need to be properly comprehended,' read a statement released Friday after the annual Central Economic Work Conference.The meeting stressed proper understanding of the strategic goal and pathways of r...
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