Amid growing internal and external challenges and uncertainties, government leaders in China s Yangtze River Delta region are meeting in Shanghai on Tuesday and Wednesday to formulate and deploy new plans to propel high-quality integrated development of the region.
As Beijing on Sunday announced a major reopening of dine-in services, schools and scenic spots, Shanghai has embraced a fully normal life and work and Guangzhou saw a return of dragon boat racing for the first time after a two-year hiatus, China is marching toward the second half of 2022 with a hard-won victory against the stealthy Omicron variant and great hope for achieving its full-year economic growth target.
China has mounted a full-fledged battle to stabilize its economy, as all levels of governments – from the State Council, the cabinet to ministries to local governments – raced to implement a sweeping set of 33 measures aimed at tackling specific challenges and keep economic operations within in reasonable range, according to an official notice on Tuesday.
China’s actual use of foreign capital recorded a significant jump of 26.1 percent on a yearly basis from January to April, reaching $74.47 billion, despite challenges posed by COVID-19 outbreaks in several major Chinese cities, according to official data on Thursday.