They have massive contraction of credit
formation.
他们对信用形成大规模收缩。
Our team usually plays in a 2-2-2
formation.
我们球队比赛通常排出的是2-2-2阵型。
Wang Hongzhi, vice-chairman of SASAC, said, "SOEs are willing to work with enterprises of all ownership types to seize the opportunity from accelerated global industrial chain restructuring, expedite the construction of a modern industrial system, vigorously develop strategic emerging industries, actively nurture future industries, promote the deep integration of the digital economy with the real economy, accelerate the formation of new productive forces, and jointly enhance the resilience and competitiveness of China's supply chains.
国资委副主席王洪志说：， “国有企业愿与各类所有制企业一道，抓住全球产业链加速重组的机遇，加快构建现代产业体系，大力发展战略性新兴产业，积极培育未来产业，推动数字经济与实体经济深度融合，加快形成新型公共服务体系生产力，共同提升中国供应链的韧性和竞争力。
China Petrochemical Corp, or Sinopec, said on Wednesday the company has completed the formation of a 50-50 joint venture with London-based global chemical and energy group INEOS for the Tianjin Nangang ethylene project to facilitate China's high-end chemical industry development.
中国石化周三表示，该公司已完成与总部位于伦敦的全球化工和能源集团英力士（INEOS）就天津南港乙烯项目组建一家五五开的合资企业，以促进中国高端化工的发展。
The nation also announced the formation of the first standardization task team for LLMs at the sixth World Artificial Intelligence Conference in Shanghai.
在上海举行的第六届世界人工智能大会上，中国还宣布成立第一个LLM标准化工作组。
Information obtained by the radar will improve studies of the rapid formation of meteorological hazards, thus effectively boost the capability of monitoring and forecasting extreme weather, Tang said, adding the product started field testing in Fujian province in December 2021.
唐说，雷达获得的信息将有助于研究气象灾害的快速形成，从而有效提高极端天气的监测和预报能力。他补充说，该产品于2021年12月开始在福建省进行现场测试。
Liu Jingzhen, Sinopharm chairman, said at a news conference in Beijing that the company will better coordinate industrial development and capital market utilization to complete its layout in the pharmaceutical and healthcare industry and stimulate formation of independently developed new technologies to meet the nation's need for safeguarding its people's health.
国药集团董事长刘静珍在北京举行的新闻发布会上表示，公司将更好地协调产业发展和资本市场利用，完成在医药保健行业的布局，并推动形成自主研发的新技术，以满足国家保障人民健康的需要。
The company aims to produce more than 1 million tons of shale oil annually by 2025 from the Gulong shale oil formation in Daqing, it said.
该公司表示，到2025年，该公司的目标是每年从大庆古龙页岩油组生产超过100万吨页岩油。
It aims to produce more than 1 million tons of shale oil annually by 2025 from the Gulong shale oil formation in Daqing.
In the case, which has been ongoing since January 2005, some US companies accused four major vitamin C producers in China, including Hebei Welcome, of price collusion and the formation of a monopoly, and requested compensation of 1.57 billion yuan ($242 million).
Temasek is willing to act like a bridge to promote the gradual formation of carbon markets in China and the rest of the world, and stabilize the pricing mechanism of carbon products, he said.
The CCUS project will also take advantage of Sinopec's upstream and downstream integration advantages by injecting its subsidiary refiners' captured carbon dioxide into the oilfield formation to explore and exploit the hard-to-get crude, it said.
It will build a hydrogen-testing laboratory and a research and development platform for green power-based water electrolysis and hydrogen formation, to form a smart network for the entire supply chain of hydrogen production, storage, transportation and hydrogenation.
Further inspired by the country's accelerated formation of a new landscape featuring international and domestic dual circulation, Novo Nordisk is set to step up research and development from China and for China.
A symposium held by the Ministry of Housing and Urban-Rural Development and the People's Bank of China in August and attended by major real estate developers said that the central government is firm on the formation of a long-term mechanism for real estate by regulating financial management and financing of the sector.
"As an independent entity, the new pipeline company is expected to promote the formation of an oil and gas market system characterized by multichannel supplies of upstream resources, efficient gathering and transportation of pipeline networks in the midstream market and full competition in the downstream sales markets," said Xiong Wei, assistant director of the pipeline gas trading department at Shanghai Petroleum and Natural Gas Exchange.
In May, Tencent officially announced the formation of the Tencent Education brand.
The formation of the joint venture with Hoho is a move to respond to the increasing demands of local consumers, fueled by the economic growth," said Chang Dong, vice-president of Konka Group and president of Shenzhen Konka Electronic Technology Co Ltd, one of the group's subsidiaries.
One of the studies Shell has been participating is on the policy requirements to encourage development of natural gas in the country, some of which are happening now, including a more sensible approval regime, more investment in infrastructure, particularly in storage infrastructure, and further market liberalization and a more transparent formation of market prices.
Second, the government should let the market play a bigger role in eliminating incapable business to stimulate the technological innovation capacity of the manufacturing industry, effectively reduce companies' burden of costs and promote the formation of a strong domestic market.
Zerotech has exported such drone formation flight shows to South Korea and the United Arab Emirates.
to promote the upgrading of Shanghai's manufacturing and production services and the formation of high-end marine industry clusters.
The field has also attracted startups such as Intel Corp-backed Peloton Technology Inc, which helps automated trucks safely travel in formation.
Al-Ayyad, 29, started his career in Jushi as a technician, before promoted to a group leader and then the deputy manager of the fiberglass formation workshop department.
In fact, Zhu is already influencing Vanke's strategy formation.
It will inch toward the half-way mark by firming up 131 billion yuan in the first phase of its formation, which will end by September of 2018.
Ample packages such as earthworks, formation works, drainage works, foundation works, building works and tunneling works would certainly generate interest among the subcontractors," Darwis said.
[Photo/Agencies]Formation of trio of new companies part of thrust to expand in BritainChina's goal of boosting its nuclear technology sector took a major step forward on Wednesday, with the creation of three significant new companies in the United Kingdom by China General Nuclear Power Corp.
One formation of three Wing-Loong I unmanned aerial vehicles (UAVs) conducted a containment and control mission in a war zone around the clock for seven consecutive days.
"The rapid formation of new productive forces, prompted by sci-tech innovation, will become a vital driving force in China's economic growth and high-quality industrial development," Liang said.
In an effort to maintain a stable foreign exchange market, the importance of further refining its market-driven exchange rate formation mechanism must be emphasized, to ensure that market supply and demand play a decisive role in determining the exchange rate.
"We will scientifically distribute green and low-carbon energies such as photoelectric and wind power, and accelerate the formation of green and low-carbon energy industrial structures in our district.
Asia-Pacific Economic Cooperation economies should uphold the principles of open regionalism and avoid the formation of closed and exclusive "small blocs" within the region, said a senior government official.
Asia-Pacific Economic Cooperation economies should uphold the principles of open regionalism, avoiding the formation of closed and exclusive "small circles" within the region, said a senior government official.
Since the formation of the DEPA working group for China's accession in August 2022, Wang emphasized that there have been ongoing and meticulous communications at various levels between China and the member countries, resulting in positive progress in the negotiations.
The formation of this Alliance bears significant importance for elevating the level of internationalization and external openness of education in the Liaoning Province, deepening exchanges and collaborations in the field of arts education among Northeast Asian countries, and jointly advancing the prosperity and progress of arts education in the Northeast Asian region.
Second, differences also lie in the formation of problems and their underlying causes.
Compared to carbon taxes, which are determined by the government, carbon market prices, derived from market negotiations, are considered more efficient in price formation.
Allocation methods directly influence the scarcity of resources, which serves as the initial stage in price formation.
In addition, the EU's carbon border adjustment mechanism will be fully implemented from 2026, and China and the EU should actively work on carbon market connectivity and border regulation rules to lay the foundation for the formation of international carbon emissions trading and related rules.
According to a research report by Great Wall Securities, GDP in the first quarter is projected to rebound to around 4.3 percent, of which government consumption expenditure and capital formation, important supporting forces for the economic recovery in the first quarter, will be about 0.8 percentage points and 2 percentage points, respectively.
"The improved Party leadership will provide a strategic capability unmatched by any other country for the formation and implementation of China's following policies on reform and opening-up," said Wang Wen, executive dean of Chongyang Institute for Financial Studies at the Renmin University of China.
The formation mechanism of the renminbi exchange rate is quite flexible, which means that China's monetary policy is relatively independent from the external environment.
Topics include promoting the construction of Hainan Free Trade Port, accelerating the integration of the advanced manufacturing and modern service industries, improving the modernization of the industrial chain, driving the formation of a unified domestic market as well as nurturing more small and medium-sized companies for common prosperity.
China accelerated the green transformation of development while stabilizing the economy in 2022, witnessing the country's ecological condition continuously improved and the formation of green and low-carbon production and life-styles sped up, said Sheng Laiyun, deputy head of the NBS.
Such progress features the initial formation of the national policy system for the digital economy, active explorations for legislations on the digital economy at local level, the continuous improvement in the business climate for the digital economy and many local innovative measures to promote the development of the digital economy, the report said.
Zheng Xuexuan, board chairman of China State Construction Engineering Corp, a Beijing-based investment and construction group, said as new technologies used in various projects are soaring, the formation and stimulation of innovation teams, and the introduction and implementation of technologies all need to create new mechanisms through effective reform to unleash SOEs' operational and commercial vitality.
China will further unleash the vitality of its time-honored brands amid efforts to boost consumption and advance the formation of a more vibrant domestic market, officials said on Wednesday.
In the first three quarters of 2022, China's net exports of goods and services contributed 32 percent of the country's economic growth, and gross capital formation accounted for 26.7 percent of its GDP, 1.7 times higher than the level in the previous year.
"Fixed-asset investment has played an important role in stabilizing the economy, as capital formation, or investment, accounted for 50.1 percent of China's 2022 GDP growth," Kang Yi, head of the NBS, said at a news conference in Beijing on Tuesday.
They will drive the formation of several innovation ecosystems related to artificial intelligence, cloud computing, blockchain, big data and processors.
"On the other hand, participants of the BRI must uphold the international system and international legal rules based on the Charter of the United Nations, and must promote the formation of a more fair and just international economic and trade rule system and the enhancement of the international legal environment," he said.
Currently, gaps in incomes, vocational capacity and public service seen between urban and rural areas, regions and groups remain in China, which hinder the formation of a dual-circulation development pattern.
Efforts will be made to preserve diversity, stability of global economyChina is expected to take an active role in the formation of new international economic and trade rules and standards, as part of its push for high-level opening-up, experts said.
If the US and the European countries dominate the formation of digital trade rules, China and the vast majority of countries in the world will be subjected to a passive situation.
On top of that, the renminbi's exchange rate formation has been more elastic ever since China launched foreign exchange reforms in 2005, helping release any pressure in the domestic currency's supply and demand fundamentals.
I look forward to witnessing the formation of strong partnerships and the forging of close connections between our businesses that will go far in deepening the strong economic and trade relations between our countries," he added.
The formation of such a structure is also a milestone that China is aiming for amid its quest for common prosperity.
The key to realizing such a formation, as we see things, lies in the upgrading of social mobility.
So what is keeping the development of China's social mobility from playing its role of pushing forward the formation of a well-rounded society?
The MOC said it will join hands with authorities concerned to guide the newly established pilot projects to speed up the formation of the implementation plans, build an information network platform and implement supportive policies, continuously improve trade facilitation, promote the sustainable and healthy development of market procurement trade, and help stabilize foreign trade growth while improving trade quality.
In addition, this is also a result of high-quality services of China-Europe freight trains, with an overseas channel network that is smooth, efficient, multi-directional, and interconnected between land and sea in formation.
"The ongoing upgrades of China's manufacturing industries require a formation of new competitiveness of Chinese enterprises, and to that end, the coordination in market regulation among RCEP members will play an important and positive role that will facilitate Chinese enterprises' technological advancements and market-oriented innovations," he added.
He also said China's "principle-based flexibility" and constructive efforts are key factors for the formation of the multilateral agreement.
Building such a market is not only conducive to the formation of an efficient domestic circulation, but also necessary to enhance China's attractiveness to global companies, Poirot said.
"The goal is to break down current monopolies, including those in the public sector, spawned by local-level protectionism, remove improper administrative interference and nip in the bud private-sector monopolies that have been blocking the formation of an open market," Liu said.
Given these conditions, to build a unified domestic market will become a key driving force amid China's formation of the dual-circulation development pattern, where the domestic market serves as the mainstay and domestic and international markets complement each other.
"It is not only conducive to the formation of an efficient domestic circulation, but also practical to maintain and enhance the country's strong attraction to global companies and resources.
"Behind the logic of building a unified national market is strengthening antimonopoly efforts in removing local and regional protectionism, which has been a key bottleneck hindering the formation of a fair and open market environment," said Liu Xu, a senior research fellow at the National Strategy Institute at Tsinghua University in Beijing.
It can be expected that the implementation of the guideline will further promote the development and improvement of the unified domestic market, and eliminate various institutional and noninstitutional factors that hinder the formation of a larger market.
Moves will also optimize the allocation of production factors and promote higher productivity and let each region give full play to its advantages, leading to narrower regional gaps and laying a better foundation for the formation of a new development pattern that China is seeking.
China is also likely to exert more efforts to promote the high-quality and joint construction of the Belt and Road Initiative, as well as play a bigger and more active role in the formation of international economic and trade rules, especially in the low carbon economy.
China is likely to take a more proactive approach to align with high-standard international economic and trade rules, as well as to make more contributions to the formation of new international economic rules that reflect China's experiences, according to experts and business leaders.
The country will also likely take a more active role in the formation of new international rules for low carbon and promote reforms in global economic governance, said Lan, who is also president of UIBE's Yangtze Delta Region Trade Institute.
Beijing municipal government aims to launch 20 major application scenarios to promote the formation of industrial clusters such as blockchain, artificial intelligence, extended reality and ultra-high-definition display.
That will then promote the formation of a closer, more stable and more competitive regional industrial cooperation system, according to Chi, who is also president of the Hainan Institute for Free Trade Port Studies.
Chi suggested member economies strengthen efforts to accelerate alignment of market regulations and share and recognize customs clearance information to accelerate the formation of a united regional market.
Liu Quanhong, director of the international economics research institute of the Chinese Academy of Macroeconomic Research, said the new plan will help improve the efficiency of the allocation of different factors of production and promote the formation of a unified domestic market.
Trade and investment expansion will facilitate China's formation of the new dual-circulation development pattern to eventually benefit enterprises and people beyond the nation, which takes the domestic market as mainstay and lets domestic and foreign markets reinforce each other, they added.
"This is because with the gradual formation of an ultra-large-scale market in China, profound changes have taken place in the competitive and cooperative relations among various market entities.
As China continues to expand opening-up at a higher level, Chinese enterprises should become more active in the formation of new international economic and trade rules in order to better contribute to establishing an open world economy, they said.
Sun Xiao, secretary-general of the APEC China Business Council, said that Chinese enterprises need to take on a more proactive role in the formation of international economic and trade rules, to make their voices better heard on international markets as they provide good-quality products.
The nation will take an active and open-minded manner to engage in WTO negotiations on sectors such as digital trade, trade and environment, industrial subsidies, and State-owned enterprises, to safeguard the core role of multilateralism in the formation of global rules, according to him.
Furthermore, the implementation of the RCEP agreement will also reshape the economic relations between China and Japan, thanks to the formation of direct free-trade relations between the two for the first time.
Experts also said as the first negotiated agreement on services at the WTO, the formation of the agreement will boost confidence in multilateralism.
At the same time, strengthened China-Africa cooperation in digital economy will facilitate formation of international consensus to establish more effective, widely accepted, and comprehensive rules in the sector, to create a more stable environment for growth and global cooperation in digital economy, and that is also valuable because digital economy is becoming a key area for global competition, Zhou said.
"The plan emphasizes proactively taking part in the formation of global economic and trade rules, expanding opening-up and cooperation in trade, and firmly supporting multilateralism to accelerate the nation's transition toward institutional opening-up," Ren said.
Through those forums and sessions, foreign investors can have direct communication with the government departments and think tanks that play core roles in the formation or execution of those strategies.
To achieve this, the city will continue to implement the negative list for market access and abolish regulations and practices that hinder fair competition and the formation of a unified market.
China currently adopts a complicated power pricing system under which the formation of on-grid electricity prices depends on factors such as the types of power generation and the approval dates and locations of renewable power projects, while electricity prices for end-users also vary among regions and according to types and amounts of usage, including differentiation among residential and industrial users, industries, and voltages.
It mainly consists of construction of a new general wharf, the formation of a rear land area, demolition of the existing eastern breakwater, the extension of the western breakwater and dredging the harbor basin.
"This is not only beneficial to the formation of a correct view of fairness in Chinese society, but also beneficial to achieving the unity of fairness and efficiency," Gao said.
Hangzhou in Zhejiang province, known as the hub of the nation's private economy, has launched a campaign to crack down on problems harmful to the formation of healthy relations between government and businesses.
The scenarios include breaches of rules regarding monetary loans and the formation of businesses by cadres' spouses and children.
In general, China and the US can significantly increase tariff exclusions on each others' goods to promote the formation of a starting point for benign interactions in bilateral economic and trade relations.
At present, China and the US substantially increasing tariff exclusions will help reduce costs within the global supply chain, thereby accelerating relief from stagflation pressure, which will also be an important beginning for the formation of positive interaction between the two countries.
"This year marks the 100th anniversary of the Communist Party of China, as well as the beginning of the 14th Five-Year Plan (2021-25) for the formation of a new development architecture and the implementation of the development paradigm of dual-circulation.
A central idea is the formation of an "olive-shaped social structure "in which middle-income households are the mainstay of the economy.
Vehicles covered by the project are 100 percent low-floor modern trams with a standard track gauge, four-module formation and advanced power supply system.
"Additionally, the urban cluster development of the GBA benefits from the continuation of the spontaneous formation of urban clusters," he said, adding the government provides guidance to "render the already existing organic trend more efficient.
The annual technology contract turnover has increased from 8.31 billion yuan in 2014 to 34.7 billion yuan in 2020, accelerating the formation of the scientific and technological innovation chain, said Li Wenhong, deputy-director of Beijing-Tianjin-Hebei Cooperative Office of Beijing Municipal Government.
Consumer spending accounted for 54.3 percent of the country's GDP in 2020, 11.2 percentage points higher than the gross capital formation, or the outlays on additions to fixed assets, plus the net change in inventories, Ning Jizhe, head of the National Bureau of Statistics, told a news conference in Beijing.