The contract for settlement in December 2020 closed 0.08 percent higher at 98.83 yuan. The contract for settlement in March 2021 closed 0.02 percent higher at 98.32 yuan.
The corporate sector's leveraging ratio may not deteriorate this year although some default cases happened recently. The continually improved liquidity situation, as a result of "counter-cyclical" policy adjustments by the central bank, will support stable financing for the corporate sector, said Xing.
The concept of building a community of shared future for the mankind, raised by Xi, envisages common markets, common prosperity even common security in the highly inter-dependent world, he said.
The cooperation has won relatively positive overseas media and market responses, a sign of a closer economic bond between China and the rest of the world.
The country will introduce zero tariffs on miscellaneous meal and some raw materials for the production of pharmaceutical products, remove the provisional import tax rate for imports of lithium-ion battery monomers for new energy vehicles and resume the implementation of the most favored nation tariff rate.
The country will strive to achieve breakthroughs in key technologies and markedly increase the share of Chinese brands in the international auto market by 2025, according to an auto industry development plan released Tuesday by three government departments, including the Ministry of Industry and Information Technology.
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The country will build 92 demonstration bases in designated areas, enterprises, universities, and research institutes, according to a circular released on Thursday by the State Council, China's cabinet.
The council voted down several other compromise amendments at Friday’s meeting. In a strange turn, some of the proponents of Durkan’s proposal voted down amendments because the tax on employers would be too much, while others voted no because the amendments didn’t go far enough.
The continued easing of China's consumer inflation, which hit a seven-month low in April, has provided more space for the country to roll out a much-needed economic stimulus package, analysts said on Tuesday.
The contract for settlement in December 2020 closed 0.14 percent lower at 99.8 yuan. The contract for settlement in March 2021 closed 0.1 percent lower at 99.5 yuan.