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Inflation remains below the Fed's target of 2 percent. Consumers welcome low prices, but the Fed frets that expectations to keep inflation and interest rates low will give it little room to cut interest rates to spur the economy in a future downturn.

Industrial upgrades

Industry experts discuss development opportunities in southern Beijing. [Photo provided to chinadaily.com.cn]

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India on Tuesday entered the fourth phase of unlock stage of measures taken in response to the coronavirus. Guidelines to apply during this stage were issued on Saturday. Schools will remain shut through September.

Infor mainly helps customers to digitalize their businesses, such as coping with larger data volumes and escalating complexities. It also helps with deployments in hybrid, private, and public clouds.

In this period, the company posted 34.2 percent growth in net profits in the first three quarters, with sales jumping 50.7 percent year-on-year.

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Industrial firms in the high-tech manufacturing sector achieved profit rebound with a 0.5-percent growth in March after the 37.1-percent fall in the first two months.

Increasing numbers of farmers from Beijing's suburbs are finding jobs in the city's core area in sectors such as public transportation, subways and environmental sanitation.

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Individuals with high-level and in-demand expertise working in Hainan will pay income tax no higher than 15 percent of their gross income, business earnings and government-approved allowances from the free trade port, according to a separate circular issued by the two central departments.

Indeed, this model is being rolled out in other sectors.