The report warned of notable risks of high global debt levels, both private and public. Obstfeld repeated the IMF's advice that the current cyclical upswing offers policymakers an ideal opportunity to make longer-term growth stronger, more resilient and more inclusive.
The revised rules of the individual income tax law and special individual income tax deductions will take effect on Jan 1, according to statements from the State Council on Saturday.
The research said most of the surveyed women felt a sense of security toward the future after purchasing properties. Dong Fang, a 28-year-old property investment manager who has just invested in a 40-square-meter flat in Shanghai, agreed.
The robotic industry in China has witnessed rapid development recently as the government is attaching great importance to it.
The report, namely Research Report on Overseas Social Responsibility of Central Enterprises (2017), was released by the Research Center for Corporate Social Responsibility at the Chinese Academy of Social Sciences (CASS), which also plans a report on overseas CSR efforts from SOEs involved in the Belt and Road Initiative in cooperation with SASAC.
The riotous protesters have drawn widespread condemnation, including from the political parties, in Hong Kong following the weekend turmoil that saw incidents of violence and arson.
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The report, which studies billionaires' consumption habits using credit cards, reveals that 1,893 Chinese people have at least 2 billion yuan in 2018, an 11 percent decline from last year.
The requirement came after 17 people were initially confirmed missing after a rock collapse took place at around 12:44 pm Wednesday at a section of the Chengdu-Kunming railway in Ganluo county, Sichuan province.
The revenues collected by the governments of developing countries-the main pillar of financing for development at .3 trillion-remain on average below the 15 percent of GDP threshold considered necessary for effective state functioning.
The revision was adopted at the end of a six-day bimonthly session of the Standing Committee of the National People's Congress, China's top legislature.