Category: 爱上海

More steps needed to tackle debt problemscess shou

China has less motivation to further stimulate economic growth, but the government needs to search for more me thods to control debt and reduce default risks, according to officials and economists. China’s macroeconomic leverage ratio, or the total debt-to-GDP proportion, rose slightly in the first quarter, but the overall leve rage level still remained stable,…

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During Spring Festival, the proportion of small-town yo

ouths who traveled rose by 101 percent year-on-year, compared with 50 per cent among peers in bigger cities, according to major online travel agency Ctrip. Ruan Tianying, deputy general manager of Western-style food chain Houcaller, said t hat with fastgrowing urbanization in China, lower-tier cities definitely offer great potential. Houcaller, founded in Xiamen, Fujian province,…

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