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in the service secto爱上海女神会所r, and deregulate the services for the elderly and children, and medical care and education.
Although its overall economic uncertainty has increased, China’s economy still has great pote
ntial in terms of service and consumption, especially because it is a market of more than 1.3 bil
lion people including a middle-income group
of 400 million all of whom are seeking a better life.
Current policy package strong enough to counter headwinds, economist says China has no immediate need of aggressive stimulus to support growth unless t
rade tensions with the United States m ore visibly weigh on growth momentum, and great
er patience and policy preparation are needed now for market- oriented
, longer-term reform and opening-up, a senior economist said in an exclusive interview. Given the uncertainty from China-US trade friction, macroeconomic polic
ies should always be prepared to support the economy, especially if growth mome
of cooperation, defined key areas and strengthened the mechanism to seek high-quality development of the BRI, he said.
Leaders reached wide-ranging agreement on high-qu
ality cooperation on the BRI at the leaders’ roundtable on Saturday after an i n-depth exchange of views on issues such as connectivity, policy integration and sustainable development.
They supported comprehensive infrastruc
ture connectivity as a way to foster economic growth and to build high-q uality, reliable, resilient and sustainable infrastructure, according to a joint communique issued after the roundtable.
ties involved supported strengthening synergies in development policies using the principle of extensive consultations, joint contributions for shared benefits and building even closer partnerships, the joint communique said.
The leaders also upheld green and sustaina
ble growth and agreed to enhance cooperation in areas such as environ mental protection, circular economy and clean energy, according to the communique.