Support on time account growing the economy is improving Living Standards and better integrated if you dont want to try to think you have come into a long term prosperity ability gentian you know of the not true the major principles and policies on work related to taiwan that resolutely of a post and deter any separate question activities sic internal independence we were improved. Arrangements and policies are now facing hard and changes and corporations between the 2 sides of the taiwan straits i go to prostrate into great developments and to protect the well being soft our fellow competitors in taiwan we really dont you join us in plotting how independence which you resist efforts we can surely create a beautiful thank you for the determination of the transformation. Indeed in the face lovely Public Health choices for severe economic recession and other cause or challenges usually all countries should want to go back to china stands ready to work with other countries to strengthen i
A growth target as its economy reels from the coronavirus pandemic. A massive cleanup operation in india and bangladesh after cycling sweeps through the region. Also ahead the skys not to the limits the u. S. Pulls out of a longstanding open skies arms control treaty saying russia violated it. And in sport costa rica become the 1st country in the americas to resume their professional football league. The government in hong kong says it will work with beijing to introduce a new National Security law as soon as is possible we are expecting more details later but its believed to criminalize secession foreign interference and subversion of beijings state power news of the plan has already been met with. Protests in hong kong and leading prodemocracy figures called at the end of one country 2 systems the chinese premier li announced the bill at the opening of the annual National Peoples congress its meeting 3 months late because of the pandemic also coming from the parliament for the 1st ti
Is good but the one business show you cant afford to miss im going to bore in washington coming up the fed is decided to keep rates steady in the midst of the coronavirus devastation we bring you inside or inside on the decision and what lies ahead for the u. S. Central bank clutched at the Federal Reserve has propped up markets in the u. S. It is posed an interesting issue for a major debt holder china and later the race is on for the head of the World Trade Organization and the European Union is weighing in we bring you the latest on the run with a packed show today so lets dive right in. And we lead the program with the latest policy update from the Federal Reserves federal open Market Committee as expected fed chair Jerome Powell and now its Interest Rates will hold near 0 through 2022 but the real question has been what action will the fed take moving forward. Since march weve been purchasing sizable quantities of treasury and Agency Mortgage backed securities you know to support
[applause] and ask for your job ration for the numbers of the national committee. Epidemic spreading and it is the most challenging Public Health emergency that china has encountered. We are fighting it with the sacrifice of our nation. Strategicde major achievements in response to covid19. We are promoting development. We fulfilled the targets and tests for economic and social development this year. The debut of the work in 2019 in first few modes of 2020 china faces many challenges. This let them and when this foundation reached the goal of prosperity the economy remained stable over all. The gdp rose 99 point with a 6. 1 increase over the previous year. New jobs were added. The Unemployment Rate was below 5. 3. Consumer prices rose by 2. 9 . A basic equilibrium was maintained in the balance of payments. The economic structure continued to improve, and the Development Priorities of regions are better aligned. Total retail sales of consumer goods exceeded 40 trillion yuan, and consump
National committee of the cppcc for their comments. The covid19 epidemic is the thee fastest spreading, most extensive, and most challenging Public Health emergency china has encountered since the founding of the peoples republic. Under the strong leadership of the Central Committee of the communist party of china with comrade xi jinping at its core, and through the hard work and sacrifice of our entire nation, we have made major strategic achievements in our response to covid19. At present, the epidemic has not yet come to an end, while the tasks we face in promoting development are immense. We must redouble our efforts to minimize the losses resulting from the virus and fulfill the targets and tasks for economic and social development this year. First, a review of our work in 2019 and the first few months of 2020. In pursuing Development Last year, china faced many difficulties and challenges. World Economic Growth was weak, International Economic and trade frictions intensified, and