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Under the trade pressure, the world’s second-largest econo

onomy is accelerating restructuring reform and shifting from an export-dominated growth model to a more services-driven model, they added. “The United States escalated trade tensions, but it cannot solve any problem. This causes volatility and sluggishness in global financial markets an d hurts the global economy,” said Guo Shuqing, the People’s Bank of China’s Party…

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Core technologies to better drive digital shiftShijia and Hu

More efforts are needed to make breakthroughs in core technologies, advance infor mation infrastructure construction and provide further impetus to the digital transformation of ind ustries, said a senior official at the Second Digital China Summit, which opened in Fuzhou, Fujian province, on Monday. Huang Kunming, a member of the Political Bureau of the Communist…

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