Xu added that fiscal policies should continue to be proactive to facilitate more issuance of government bonds to finance major infrastructure projects and to channel more affordable credit to smaller businesses to help them withstand the financial hardships.
Xiao Jiaqiao in New York Contributed to this story.
Xie Feng, commissioner of the Foreign Ministry in the Hong Kong Special Administrative Region, said at the 2019 Colloquium on International Law held in Hong Kong that the SAR is facing the most dangerous and gravest situation since its return in 1997.
Xiaomi submitted its IPO prospectus in Hong Kong last month, and passed the listing hearing of Stock Exchange of Hong Kong on Thursday.
Xinjiang is the last province to release its local GDP figures. During the first quarter, Xinjiang's GDP reached 217.77 billion yuan, up 5.3 percent year-on-year.
Xu Xiaolei, chief brand officer for China Youth Travel Service, said that in the past, the tourism industry placed the emphasis on daytime activities and "undervalued" nighttime operations. But consumers are now demanding high-quality nighttime activities, with nearly half of the company's customers asking for such itineraries to be arranged, whether they are traveling in China or abroad.
排名竞价优化
Xu Yiming, chief financial officer of China Construction Bank, said: "Although our NPL ratio is still very low, we feel that it is hard to keep our bad assets at a fairly low level... Once the macro environment changes, our NPL ratio may rise. So we must adhere to prudent operations as if we are walking on thin ice."
Xiang Ligang, CEO of telecoms industry website Cctime, said the new cooperation highlights that the reform of SOEs is hitting a new high as companies are working hard to find new models to rejuvenate their businesses. "The duo is both in dire need of fresh development, which, I believe, will push the two sides to quickly roll out follow-up measures to implement the deal."
Xiao said that, to further meet domestic demand, SOEs will continue to improve their capacity in terms of supply, as well as innovative and research capability, in sectors including telecommunications, power, transportation and aviation.
Xiongan New Area will initially cover 100 square km and later cover Xiongxian, Rongcheng and Anxin counties in Hebei province, eventually taking up 2,000 square km.