China’s opening-up seen as driver of global growth
In the face of a more complicated and grimmer international environment, China is taking active moves to deal with the challenges ahead.
In the face of a more complicated and grimmer international environment, China is taking active moves to deal with the challenges ahead.
However, the IMF cut its growth forecast for Asia-Pacific to 4 per cent this year and 4.3 per cent next year amid an uncertain global environment.
A new plan sets out the future development of the country, with strong infrastructure and measures in place to protect the environment, among others.
Data shows that 100,000 temporary workers will be added during the Singles Day shopping festival gala to ensure parcels are delivered directly to customers.
Korea's business index has hit the lowest point in 20 months, according to data from the Bank of Korea.
The value of imports of goods also decreased 7.8 per cent for the same period, creating a visible trade deficit of $44.9 billion.
The premier also emphasised taking innovative and bold steps in the technological fields that had brought about consequential changes in every sector of life.
Key issues will include regional economic integration; digital infrastructure and sustainability.
A clear-cut regulatory regime would, however, be essential.
"The youth are the Party's reserve force, and we must seize great opportunities", said Zhang Zhicheng, a young employee of the China Railway No 5 Engineering Group Co.