Statistics of Institute of International Education show that prior to the pandemic, over 360,000 Chinese students were studying in US universities, and they spent billion on tuition. Worldwide, Chinese students spend about billion a year on overseas tuition.
State Grid employees inspect cables in Chuzhou, Anhui province. [Photo bySong Weixing/For China Daily]
Stephen Roach, former chairman of Morgan Stanley Asia, said that with the domestic savings rate at just 1.5 percent in the first quarter of 2018, a US trade deficit with 102 nations is unavoidable.
Statistics indicated that since 2015, the area has lured 1,699 projects with a combined investment of up to 392 billion yuan (.4 billion).
Starbucks China expects to reach store sales growth between two to four percent annually starting in financial year 2023.
State Councilor and Foreign Minister Wang Yi speaks during the opening ceremony of the International Forum for Trilateral Cooperation in Beijing, China on May 10, 2019.
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Starting from July 1, China's capital city Beijing will increase the minimum wage per month to 2,200 yuan ($ 322.38) for full-time employees and hourly wage for part-time employees to 24 yuan, the highest in the country, Beijing Municipal Human Resources and Social Security Bureau announced.
Stations in Beijing, Shanghai, Guangzhou, Wuhan, Shenzhen, Hangzhou, Nanjing, Chengdu and Zhengzhou were among the most crowded this year, based on ticket sales, the company said, adding that the travel peak appeared on Saturday, when 13.7 million trips were made.
Stable, green and sustainable raw material supply is important for the Chinese steel industry to improve competitiveness, but external uncertainties such as the COVID-19 pandemic and rising protectionism have combined to exert strong pressure on the already vulnerable raw materials supply chain, they said.