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In the United States, the Fed is supposed to conduct monetary policy and fulfil its other responsibilities independent from political influence of the administration. The seven members of the Federal Reserve Board each has a 14-year term, which means unless they resign, their tenure will surpass the eight-year term limit for the US president.

In the early stages of Project 523, artemisinin was shown to be effective in clearing the malaria parasite from laboratory rats. Li's major contribution was to show that artemisinin was highly effective in curing human malaria patients, especially those infected with strains of the malaria parasite that were resistant to previous front-line drugs. Artemisin quickly cleared the parasites from the blood of malaria patients - more rapidly than any other anti-malarial drug. A key factor is that it was able to pass the blood-brain barrier and cure patients infected with often-fatal cerebral malaria.

In the first two months of this year, the country's new yuan-denominated loans increased by 374.8 billion yuan (.83 billion) year-on-year to 4.11 trillion yuan. Aggregate financing to the real economy expanded by 5.31 trillion yuan, surpassing the growth over the same period last year by 1.05 trillion yuan, according to the People's Bank of China, the central bank.

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In the first six months, fiscal expenditure grew 15.8 percent year-on-year, with spending on education rising 17.2 percent and that on social security and employment up 24.6 percent.

In the first quarter, environmental authorities in the capital investigated 809 companies for pollution violations, double the number in last year's first quarter, and the total fines on polluters soared to 34.7 million yuan ( million), said Zhao Zhiwei, head of the municipal environmental inspection team.

In the first 11 months, there were 12,517 traffic accidents. The number of victims added up to 4,097 and eight of them were killed.

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In the first seven months of this year, the total value of foreign trade in Gansu province stood at 20.48 billion yuan, down by 6.7 percent year-on-year and narrowing by 2.9 percent points from that of the first half of the year.

In the first quarter, the province did exports totalling 80.12 billion yuan, up 1.2 percent year-on-year and its imports grew 22.3 percent to 78.92 billion yuan, according to the Chengdu customs.

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In the first five months of 2020, fixed-asset investment declined 6.3 percent year on year, narrowing by 4 percentage points from the decrease in the first four months, Monday's data showed.

In the future, Caterpillar will strengthen its relationship with its 172 agents globally, many of which have been cooperating with the company for a very long time and have deep connections locally, and they will be able to better facilitate contractors in the Belt and Road projects, said Chen.