Industrial production growth is likely to pick up, reads a research note from the China International Capital Corporation (CICC), expecting the year-on-year growth of industrial output in April to rebound to 6.5 percent from 6 percent in March.
In today's world, economic globalization is still the predominant trend. Globalization is a huge boost to economic development and human progress. It has lifted productivity and living standards to an unprecedented degree. Between 1990 and 2010, global economic growth averaged 5.51 percent. Since the start of this century, 1.1 billion people worldwide have been helped out of poverty. For all this to happen, economic globalization has had a sure part to play.
Inclusive and structural tax cuts will be implemented in 2019, with priority on easing the burden on manufacturing as well as for small and micro-sized businesses, Minister of Finance Liu Kun told a national fiscal work conference held Thursday and Friday.
In this world, local brands may not boast glamour, but command reach and sales that could stoke both envy and awe in marketing giants.
In this year's Government Work Report, the premier said that mechanisms for developing trade in services will be reformed.
In their battle against the COVID-19 epidemic, by the end of June, charity organizations at all levels nationwide had received nearly 39.63 billion yuan (about .88 billion) in donations and 1.09 billion items of urgently needed supplies, according to the report.
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In two years time, two 41-storey buildings will rise above the Donggang business district of Dalian, creating a new commercial complex for Japan's Orix Corp, a global financial services group.
Industrywide, automakers sold 8.3 percent fewer cars last month compared to March, and 4.7 percent fewer than in April 2016, according to Autodata.
India, however, is yet to have a homegrown online search engine like Google or Baidu. Unlike China that boasts domestic social media like WeChat and Weibo, Indian netizens are big on Facebook, Twitter and WhatsApp. But China's Bytedance has hit pay dirt in India through its short-video sharing app TikTok.
Inbound tourism to the Chinese mainland has registered a small increase in the past year, but some substandard domestic travel services and the world's political and economic environment are slowing its development, Dai Bin, president of the China Tourism Academy, said on Tuesday at a summit focused on inbound tourism.