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China central bank vows stronger macro policy adjustment to boost COVID-19-hit economy

BEIJING, June 28 (Xinhua) -- China's central bank on Sunday vowed stronger macro-economic policy adjustment as well as better fiscal, monetary, and employment policy coordination and implementation to counter the impact of COVID-19 on economic growth. The country will pursue a prudent monetary policy in a more flexible and appropriate way, and put boosting the real economy and sustainable development at a more prominent position, the People's Bank of China said in a statement released after a quarterly meeting of its monetary policy committee.

Mobile testing vehicles adopted in Xicheng District of Beijing

Medical staff members take throat swab samples from people at a newly-adopted mobile testing vehicle in Xicheng District of Beijing, capital of China, June 28, 2020. (Xinhua/Ju Huanzong) A medical staff member takes a throat swab samples from a woman at a newly-adopted mobile testing vehicle in Xicheng District of Beijing, capital of China, June 28, 2020.

Beijing steps up efforts to identify potential risks of COVID-19 spreading

Beijing is further expanding its scope of nucleic acid testing for COVID-19 in the second wave of the virus to enhance hazard screening. In addition, it is also taking multiple approaches to ensure that all citizens consciously obey the epidemic prevention and control measures.

China’s manufacturing still strong amid COVID-19 pandemic: The Economist

Screenshot of the report by The Economist Despite all the dislocations from the coronavirus crisis, China’s manufacturing is still going strong, said The Economist on June 23. In a report entitled “China is the world’s factory, more than ever”, the author pointed out that Chinese firms are in better shape than most elsewhere amid the coronavirus outbreak, attributing it to China’s “success in slowing the spread of the coronavirus”.

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