Yang Aozheng, chief China analyst with global foreign exchange broker FXTM, said that the daily trading volume of Chinese bonds utilizing the bond connect mechanism has now reached 20 billion yuan (.9 billion) after China's inclusion into the Bloomberg Barclays and JPMorgan indexes, which is tenfold the figure when the bond connect program was launched in July 2017. The inclusion on the FTSE World Government Bond Index will certainly further increase trading volume, Yang said.
Yangpu will promote the construction of a new shipping hub for international land and sea trade this year, adding more than one foreign trade route from Yangpu to Southeast Asia. This will attract Southeast Asian goods to transit via the Yangpu port.
Xu made the remarks after the PBOC reiterated its unchanged prudent monetary policy of being "neither too loose nor too tight", aiming to maintain a credit growth "matching" the nominal GDP growth.
Yan Jianfeng, director of regulation for the municipal urban management commission, said the aim is to make the capital a better place by creating a long-term management mechanism.
Yao also called for joint efforts with neighboring countries in scientific research "to explore pathways for sustainable development of the polar region."
YTO Express will also use rail, road and water transport infrastructure in Jiaxing to boost its logistical capacity in the Yangtze River Delta area, said Yu Weijiao, board chairman of YTO.
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Xu said China has an estimated 85 million people with disabilities craving for accessible designs. The need was also fueled by the country's fast-aging population.
Xuan Yong, Party secretary of Zhejiang International Studies University, said at the seminar that the book is enlightening for young people, and the university will arrange for students to read the book.
Xu said that it is still necessary for China to have a growth target this year as it is crucial to help stabilize business confidence and anchor market expectations. He said it is reasonable to set the GDP growth target at around 3 percent this year.
Yang Xiaowei was appointed deputy director of the Cyberspace Administration of China, to replace Wang Xiujun.