The Nanjing High Accurate Drive Equipment Manufacturing Group Co Ltd (NGC), one of the world's leading wind-turbine gearbox suppliers, saw sales increase over 30 percent year-on-year during the Jan-July period.
The NBS data showed 78.9 percent of large and medium-sized enterprises had resumed work as of Tuesday, and the figure will rise to 90.8 percent by the end of March, Zhao said.
The Nathu La Pass sits over 4,000 meters above sea level and is wedged between Tibet's Yadong county and India's Sikkim state. It is the shortest land passage for trade between China and India.
The PBOC decided Friday to cut the reserve requirement ratio (RRR) by 1 percentage point in a move to increase loan funding sources of small, micro, and private businesses.
The PBOC's action was "more cautious" than expectations of some analysts, who thought the central bank might have lost a chance to reduce the lending rate, as the one-year MLF rate is the basis of the benchmark Loan Prime Rate that will be reported after the next five days.
The NMC renewed an orange alert on Friday for high temperatures in South China and predicted temperatures to decline starting Sunday
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The Montlake Double Cut features local ingredients from Washington farms and long-time Seattle favorites. (Photo via Shake Shack)
The NBS spokesman warned that the Chinese economy still faces external uncertainties as the pandemic has not been effectively controlled globally and the government should continue to step up policy support to ensure stability in key areas including employment, corporate operations and people's livelihoods.
The Nepali team was led by Anup Kumar Upadhyay, secretary at MoEWRI, while the Chinese delegation was led by He Yang, an official at National Energy Administration of China, according to the joint statement.
The NBS data showed that retail sales helped shore up stable growth, climbing by 9.8 percent in the first quarter.