The global economy has remained sluggish for quite some time. Income inequality and uneven development all weigh heavily on global social stability.
The funds are expected to effectively support the development of the high-tech manufacturing sector, the upgrading of conventional industries, household and public consumption and infrastructure investment, Huang said.
The government will also step up credit support for foreign trade companies, especially micro, small and medium-sized ones, and extend financial support to major foreign-funded enterprises, which are eligible for low-cost relending and rediscount quotas, said Ren Hongbin, assistant minister of commerce.
The funding over five years will pay for a wellbeing and information officer who will recruit and coordinate volunteers and offer a culturally sensitive information and advocacy services alongside social and cultural activities.
The government will foster a new type of cordial and clean relationship between government and business, improve mechanisms for communication, inspire entrepreneurial spirit and promote development and upgrading in the private sector, the report said.
The gold reserves were equivalent to around .5 billion, down from .5 billion in the previous month, it said.
青岛城阳肛肠医院治疗肛肠投诉
The government actions could be regarded as a chance for the healthy development of the industry in the long run, said Chen Zhou, a strategic consultant with YY Inc, a livestreaming firm.
The fresh fundraising also pushes the company's valuation over 20 billion yuan ( billion), making it the biggest online education company globally.
The function was initially embedded in the popular mobile wallet Alipay before taking the wraps off its ingenious app.
The goal is to create an enabling environment to move the sector to the medium-high end of the global value chain and to achieve high-quality development, he said.