The official said farmers will soon go to the field as the spring planting season starts. If prices remain weak, that might influence the types of crops they would grow. "They may choose to not grow as many soybean acres if the prices are not looking as positive long-term," he pointed out
The novel coronavirus outbreak has disrupted work schedules across Asia. To reduce the risk of contracting COVID-19, many people work from home; others have had to cut working hours as the outbreak has slowed business.
The one-year loan prime rate (LPR), a newly-launched interest rate for bank loans, stood at 4.15 percent, unchanged from the rate in November. The five-year LPR, which is a reference rate for newly-issued mortgage loans, was also unchanged from November's 4.80 percent, said the PBOC.
The novel coronavirus outbreak dealt another blow to Chinese cinemas with the cancellation of 15 films scheduled for release on the Valentine's Day, which fell on Feb 14.
The number of Chinese visiting the US has dropped during the current trade dispute between the two countries, so the destination marketing organization for the US is turning to a Chinese pop star in hopes of reversing it.
The number of private companies accounted for 84.1 percent of all enterprises in 2018 in China, the National Bureau of Statistics said on Wednesday.
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The one in New York will bring California to life. We're looking at different ways to connect with everybody from local artists to chefs to create something that really brings California to New York. A lot of midcentury modern furniture and lighting will be important because California light is something really special.
The number marked an 8.9-percent increase from the same period last year, and nearly 3,000 suspects have been put under coercive measures.
The number of female captains and officers with valid licenses totaled 239,000, accounting for over 15 percent of the total, according to the report.
The news of the reform plan fueled a stock market upsurge among oilfield service companies on Monday, with Sinopec Oilfield Service Corp climbing 9.95 percent to 4.09 yuan (60 cents) and China Oilfield Service Ltd rising 0.83 percent to 13.31 yuan.