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icy tools to offset short-term downside pressure, while the financial risks are under control as the country’s debt level has shown signs of stabilizing, Zhang said.
China’s overall debt-to-GDP ratio had dropped to 249.4 percent
by the end of 2018, 1.5 percentage points lower than a year earlier, according to the PBOC.
If trade tensions escalate further, more opening-up policies in the sectors of medical
care and education will help boost global investors’ confidence in the Chinese economy, Zhang added.
By hiking the tariffs on $200 billion of Chinese goods from 10 percent t
o 25 percent just when it seemed the China-US trade talks would achieve a bre
akthrough, the United States has not only intensified the trade dispute but also ensured both sides take a knock.
ed “a very positive attitude and great perseverance” in competitions, the association s
aid on Friday. “We are confident that Team China will again try its best to chase their World Cup dream,” it said.
The association also announced that it has set up a preparatory gro
up for the upcoming election of new leadership, which is scheduled for next month.
Chen Xuyuan, chairman of Shanghai International Port (Group) Co, which owns th
e Chinese Super League’s Shanghai SIPG, has been appointed to lead the group.
According to Beijing Youth Daily, Lippi will arrive in Guangzhou, Guangdong province, on Tuesday. His first task will be to
compile a new list of 25 candidates for Team China, which will assemble on June 3 for training. Lippi’s assistants are curr
ently scouting matches in the Chinese Super League and the second-tier China League One.
President Xi Jinping will deliver a keynote speech at the opening ceremony of the Conferen
ce on Dialogue of Asian Civilizations to be held on May 15 in Beijing, a senior official said Thursday.
Xu Lin, deputy head of the Publicity Department of the Communist Party of China Cen
tral Committee and director of the State Council Information Office, made the announcement at a press conference.
Under the theme of “exchanges and mutual learning among Asian civilizations and a community with a shared futu
re,” the conference includes an opening ceremony and sub-forums, said Xu, also vice president of the event’s executive committee.
More than 2,000 government officials and representatives of various circles from 47 Asia
n countries and other countries outside the region will attend the opening ceremony and forums, said Xu.
A grand Asian culture carnival, an Asian civilization week, and an Asian food festival will also be held during the event.