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The fundamental cause of a trade deficit is an imbalance between a country’s savings and investments, said Sinem Sonmez, a professor with the Department of Economics and Finance at Baruch College, the City University of New York.

The funds from Boeing and the NSF will be used to train workers for skills in such areas as model-based engineering and systems engineering, mechatronics, robotics, data science and sensor analytics, program management and artificial intelligence.

The fund also revised up its US growth forecast to 2.2 percent in 2017 and 2.3 percent in 2018, respectively 0.1 and 0.2 percentage point higher than its projection in July.

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The government must continue to tighten its belt and fine-tune its policies based on the demand from market players and the dynamic situation in stabilizing market expectations, he said.

The good performance of the ICT industry has also been aided by China's efforts to shore up economic growth despite the COVID-19 challenges, floods in several parts of the country and global economic downward pressure.

The garden villas at 100 Wukang Road in Shanghai's Xuhui district. [CHINA DAILY]

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The four declined to comment.

The goal is to assist Amazon and other companies achieve "net zero" carbon emissions by 2040.

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The four-story building at Zhongshan Hospital, was under renovation when the incident occurred. The government of Lishui district, where the hospital is located, said in its official Weibo social media account that a wooden structural component fell off the wing and led to the collapse.

The government has also announced a 2.4 billion Australian dollars (.5 billion) medical response to the virus.