China's State-owned enterprises plan to invest over 10 trillion yuan ($1.49 trillion) in more than 1,300"new infrastructure"-related projects across the country during the 14th Five-Year Plan period (2021-25), injecting new impetus into efforts to sustain economic growth, said senior State-asset regulators on Friday.
With China taking new policy measures to tackle the dual challenges of balancing COVID-19 mitigation with supporting economic growth in the short term, centrally administrated State-owned enterprises have been teaming up with foreign partners to sustain trade flows and ensure the smooth operation of global supply chains. Central SOEs involved in energy, transportation equipment, infrastructure .
With China taking new policy measures to tackle the dual challenges of balancing COVID-19 mitigation with supporting economic growth in the short term, centrally administrated State-owned enterprises have been teaming up with foreign partners to sustain trade flows and ensure the smooth operation of global supply chains.
The United States would do well to remove additional tariffs on Chinese goods if it is keen to rein in record-high domestic inflation, experts and business leaders said on Monday.
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