China's economy will ride out coronavirus pressure, say experts as business activities resume

They commented after economic activities began to regain vitality despite the ongoing epidemic, with normal production gradually resuming and market expectations brightening.

On Thursday, the General Office of the Ministry of Commerce released a notice that pledged to support nationwide commercial enterprises, such as wholesale markets, supermarkets and convenience stores, to resume business as soon as possible and fully meet residents' needs for necessities. More regions, except for those severely affected by the epidemic, are expected to resume full production in the near future while taking stringent measures to combat the virus in the workplace, said Yang Weiyong, an associate professor of economics at the University of International Business and Economics in Beijing.

"Whole-year economic growth is likely to land at no lower than 5.6 per cent, maintaining its comparative stability in a disorderly global economy," Cheng said.

المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

Asia stocks surge after Trump acquitted, China virus aidHONG KONG (AP): Asian stock markets surged Thursday (Feb 6) after President Donald Trump was acquitted in an impeachment trial and China announced a tariff cut on US imports and aid to businesses reeling from a virus outbreak.
مصدر: staronline - 🏆 4. / 75 اقرأ أكثر »

How global companies are responding to China virusLONDON (AFP): Given China's economic heft and position in the nexus of global supply chains, the new strain of coronavirus is affecting companies from far and wide in multiple sectors.
مصدر: staronline - 🏆 4. / 75 اقرأ أكثر »