Statics from Tujia.com, an online homestay platform, showed that in two hours after the news was announced, search and bookings for homestay quadrupled from April 28.
Starta said manufacturing spend on the IoT will account for a major portion of the overall IoT spend.
Standard Chartered's economists expect fiscal consolidation and credit tightening. The People's Bank of China, the central bank, may guide total social financing growth to pre-COVID levels of 10 to 11 percent, consistent with nominal GDP growth, down from 13 to 14 percent in recent months. With a very low risk of overheating, they expect the PBOC to keep policy rates unchanged throughout 2021.
Startups like Nio Inc, Xiaopeng Motors, WM Motor and SWM Motors have their own distinct visions and definitions for future mobility, which are whetting the appetite of customers for cars and forces traditional automakers to make progress in the field, according to Chen.
Statistics show that technological progress contributed 56.2 percent to China's economic growth in 2016.
Spread of hate speech
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Statistics from the regulator show that as of the end of May, interbank assets dropped by 2.6 percent year-on-year, and non-bond investments fell 7 percent.
Staff members in pink cartoon costumes give "red envelopes" to children at the ancient town of Qiantong in Ninghai county, East China's Zhejiang province, on Feb 8, 2019. The ancient town launched various traditional celebrations during the Spring Festival holiday. [Zhu Xingxin/chinadaily.com.cn]
State Councilor and Foreign Minister Wang Yi announced the loan during a virtual meeting on July 23 with LAC foreign ministers.
Statistics show that city residents made 3.51 visits to the movie theater on average last year, an increase of 11 percent compared with the year before.