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promoting the application of e-buses, by supporting technology innovation, improving fiscal
and taxation policies, enhancing infrastru
cture construction, as well as reinforcing fund supervision. “It is estimated that in the future, China’s e-bus market will transform to a more market-driven pattern, instead of policy-driv
en. The market will shift from an increm
ental market to a stock market, maintaining steady growth,” he said. Bloomberg New Energy Finance estimates that EVs will attain price parity by the mid
2020s, as lithium battery pric es have been falling. From 2010 to 2018, lithium b
attery prices dropped by over 85 percent, with an annual average decl ine rate of 20 percent. And the decline, with the same rate, is estimated to continue for the next few years.
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.
rall 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.
e 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.
ng 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
gh, the United States has not only intensified the trade dispute but also ensured both sides take a knock.
FTSE Russell, a leading global multi-asset index, data and analytics provider, said Satur
day that it will add Chinese A shares to its widely-tra
cked global benchmarks next month. The addition will be officially effective after the close of share markets on June 24.
According to the plan of FTSE Russell, this mov
e marks the first stage of incorporatin g Chinese shares into its indexes. In this stage, 1,
097 Chinese stocks, or 20 percent of A shares, will be bro ught into the indexes, drawing an expecte
d $10 billion from passive investors. FTSE Russell will add 40 percent of A shares to its indexes in September, and another 40 percent in March next year.
pplication software platforms of the Fengyun satellites for weather forecasting, as well as climate and environment monitoring.
They also requested a range of services, especial
ly in monitoring rainfall, droughts, dust stor ms, heavy fog and lightning, in addition to training courses on Fengyun meteoro
logical satellite data ana lysis, remote-sensing applications and data collection.
Many countries along the Belt and Road have high mountains, deserts, oc
nd a lack of accurate meteorological information. The number of me teorological disasters in the regions is more than double the global average, the administration said.
Wei Caiying, deputy general-director of the National Satellite Meteorol
enter, said that real-time disaster monitoring by meteorological satellites co uld provide these countries with a scientific basis for disaster prevention and reduction.
merging jobs related to the digital economy have been and are expected to continue gro
wing quickly in China as digital techno
logy is applied in more fields, said a senior executive from LinkedIn. New media operators, front-end development engineers, algori
ers, user interface designers, and data analysts were the top five profes sions with the fastest growing number of practitioners in China on the US-based professional networking site fro
m 2013 to 2017, said Lu Jian, president of LinkedIn
China in an exclusive interview with China Daily. “Digital economy, which has become part of the national strategy, is just unfolding in the cou
ntry. It won’t surprise us if such jobs con tinue to draw employees of both genders and in both urban and rural areas in the coming years,” Lu said.