Previously, the market had shown concern about surging consumer inflation, coupled with slowing economic growth. But the October CPI result shows that such worries were overblown, the Bank of China International said.
Private investment picked up in the January-June period, growing 8.4 percent year-on-year , which is 1.2 percentage points more than that of the same period last year, NBS data showed.
Profits of major battery companies dropped 9 percent year-on-year to 12.48 billion yuan (.8 billion) in H1, according to data from the Ministry of Industry and Information Technology.
Prior to the novel coronavirus outbreak, the 30-year-old guide would think himself lucky if some 60 people signed up for each sightseeing tour.
Private enterprises in the city contributed 775.42 billion yuan of export and import in H1, accounting for 58 percent of the total in the city.
Professionals in accounting, tax, construction and finance from Hong Kong and Macao are now allowed to directly conduct business in the FTZ, according to Zheng.
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President Xi's trip focused on two countries and covered two continents of Europe and America, said Wang, noting that the tour has attracted worldwide attention and had great significance.
Prior to the economic shutdown in response to the pandemic, the IEA said global investment was set to grow by about 2 percent, or the largest increase in spending in six years.
Proposed by China in 2013, the Belt and Road Initiative aims to build trade and infrastructure networks connecting Asia with Europe and Africa based on ancient land and maritime trade routes.
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