The city's GDP per capita is expected to reach ,000 by the end of 2020, according to the latest public data. The goal of building Shanghai into a world-leading economic, financial, trade and shipping center, which was announced in 2009, has been met, and the city's economic capacity has reached the world's top level, said the municipal government.
The city’s rapid evolution has led to skyrocketing rents and home prices, a serious homelessness problem, and resentment among some residents who feel squeezed out by the new influx of wealth. Seattle’s lawmakers have to balance those concerns with the desire to keep massive job creators, like Amazon, happy.
The central bank has strengthened measures since August to channel more funds into the real economy, especially to increase lending to small and private companies. The latest measure was to reduce the cash amount reserved in all banks - or the reserve requirement ratio, targeting to increase lending to companies.
The city's civil affairs bureau and the natural resources and planning bureau will roll out and enforce new regulations on burial practices.
The center has issued a typhoon "blue" warning, which requires ships working out at sea to return to port.
The centralized purchase, including MME telecom equipment and SAE-GW telecom equipment, awarded contracts to 5G equipment makers at home and abroad.
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The ceremony was held at Panmun Station in the DPRK's border town of Kaesong, attended by some 100 participants from both sides, according to Seoul's unification ministry.
The center warned local authorities to take precautions against possible disasters such as floods and landslides.
The central government's fiscal revenue increased by 3.8 percent to 17.90 trillion yuan in the first 11 months, much slower than the growth of 6.5 percent in the same period last year, mainly due to the reduction of taxes and fees. Fiscal spending rose by 7.7 percent year-on-year to 20.65 trillion yuan, up by 6.8 percent over a year earlier, the ministry said.
The city will strengthen ties with Vienna Airport to make Vienna a fly-in-and-fly-out destination, and cooperate with surrounding areas to make tourists remain longer, she said.