The country is projected to log positive GDP growth for 2020—2.3 percent, while the global gross domestic product will decline 3.5 percent this year, making it an outlier among major economies, Fortune quoted Morgan Stanley as saying.
The country vowed timely adjustments of its macro-policy stance in accordance with changes in the employment situation, according to the guideline.
The construction of the railway officially started on Dec. 25, 2016 in northern Laos' Luang Prabang province. In march this year, a campaign of 100-day dry season working competition was launched to speed up the construction process.
The convention and exhibition industry in Macao has experienced a boom in recent years that has improved connections with the mainland, other regions and foreign countries, and also created job opportunities for residents.
The concepts and standards are usually related to digital fiat currency definitions and categories, issues affecting both traditional and virtual currencies, as well as regulation.
The country will continue to expand cooperation in fishery and seafood sectors with other countries, sharing its strength in technology, talents and capital, Yu said.
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The country has seen major improvements in multiple fields, such as controlling irrigation, cutting use of fertilizers and pesticides and recycling of agricultural waste.
The country has vowed to speed up the formulation and improvement of relevant standards for identifying counterfeiting, patent, trademark and copyright infringements, strengthen its campaign against intellectual protection right violations and impose heavy penalties on all types of breaches.
The coronavirus food assistance program will also provide 16 billion dollars in direct support based on actual losses for agricultural producers where prices and market supply chains have been impacted by the pandemic, according to the US Department of Agriculture.
The country's GDP expanded 3.2 percent year on year in the second quarter, reversing from a contraction of 6.8 percent in the first quarter.