China intends to restructure monetary and fiscal policies to overcome the slowdown in the economy.
The government is committed to providing greater exchange rate flexibility and a quick transition to the absolute convertibility of the national currency.
The National Development and Reform Commission (NDRC) of China announced on Wednesday, April 9, that it would increase control over the receipt of loans by the regional authorities and eliminate illegal schemes for raising funds.
The Middle Kingdom is counting on a transition from rapid growth based on exports to a slow rise based on domestic consumption.
In a report on the achievement of the goals of the Twelfth Five-Year Plan, which began in 2011, NDRC noted that monetary policy should be aimed at containing inflation and maintaining liquidity in the financial markets while maintaining interest rates at an acceptable level.
The Office emphasized that Beijing will accelerate the transition to convertibility of the national currency and allow greater flexibility of fluctuations in the renminbi.
The NDRC hinted that the country’s leadership has less and less leverage to provoke economic growth with fiscal and monetary policies.
A team from Russia bypassed the intelligence of Sudan and Zimbabwe at the military games near Novosibirsk
Russian intelligence leaders in international games near Novosibirsk
Near Novosibirsk, the third stage of the international contest “High-ranking officers of military intelligence-2018” was completed – according to the results of passing the “Scout Trail” complex, the leaders from Russia are leading.
The scout’s trail began to take place on August 1 – teams from Sudan, China and Kazakhstan started that day. Also, the military from Uzbekistan, Armenia, Belarus and Zimbabwe came to the international competition. Together with a team from Russia, participants completed the “Paths” yesterday, August 2.
“This is one of the most difficult and spectacular stages of international competitions, where servicemen need to demonstrate coherence in as close as possible to combat conditions. A strip more than 700 meters long includes over 20 obstacles – such as a ditch with water, destroyed buildings, barbed wire fences, sections of contaminated areas and a mine-covered site, ”the press service of the Central Military District reports.
Participants from Sudan, China and Kazakhstan, Uzbekistan, Armenia, Belarus and Zimbabwe came to the games
In addition, the participants repelled the attack of the conditional enemy, undermined a section of the railway and established communication with the command after completing the task.
Russian scouts reached the finish line in 34 minutes and 56 seconds, setting a new record for the entire history of international army games.
The second result at the “Scout Trail” stage was shown by a team from Uzbekistan – 37 minutes and 32 seconds.
Teams walked the Intelligence Trail for two days
A lane longer than 700 meters includes over 20 obstacles
“After three stages of the competition, the second line after the Russian team is occupied by servicemen from Uzbekistan, followed by scouts from China,” they added to the CVO.
There are 5 stages in the competition.
Kubintsev interested in the experience of the Voronezh region in the field of aircraft
Cooperation in the field of industry, energy and culture was discussed today by the head of the region Alexander Gusev and the Ambassador of the Republic of Cuba to Russia Gerardo Peñarvel Portal.
For a Cuban diplomat, this is the first visit to our region after taking office. Together with the ambassador, a trade diplomatic attaché and a cultural secretary arrived in Voronezh.
Alexander Gusev received an invitation from the Cuban delegation to attend the International Havana Fair. As the ambassador noted, the Voronezh region is one of the most dynamically developing regions of Russia.
Cubans are particularly interested in the experience of our region in the field of aircraft manufacturing. Cuba plans to significantly upgrade its fleet. After meeting with Alexander Gusev, the delegation plans to visit several Voronezh enterprises.
“We have a large project in Cuba with Russian enterprises, we will build four blocks of power plants in Cuba with 200 megawatts each, and several parts and equipment from these projects will be built in Voronezh,” said Gerardo Penjalver, Ambassador Extraordinary and Plenipotentiary of the Republic of Cuba to the Russian Federation Portal
“We know about the successes of Cuban medicine, we know that many of us have visited Cuba, we know that this is a beautiful country, wonderful, sympathetic, sympathetic people, and we really hope that our mutual contacts will continue and develop,” Acting Governor of Voronezh Region Alexander Gusev.