The index is based on three factors — number of new brands, business dynamics and the impact of new products and stores.
The index of consumer sentiment dropped to 89.1 in March — its lowest level since October 2016 — from 101 in February. Economists polled by Dow Jones expected a fall to 90.
The intercity railway makes use of big data and has smart technology built into many aspects, including passenger transportation, management, security, maintenance and scheduling, the company said.
The index surveyed convenience stores in 36 cities around the country and determined saturation levels, expansion rates, ratio of 24-hour stores and business environments. The top five cities ranked by their index level in terms of business friendliness toward the convenience store sector were Xiamen, Fujian province; Taiyuan, Shanxi province; Dongguan, Guangdong province; Changsha, Hunan province; and Beijing.
The innovations ranged from a mechanical spider Arachnobot, deployable in disaster situations where human lives would be at risk, to Smart Med, a cheap alternative for early identification of lung cancer, to an app to support education.
The hotel in Tianjin announced the launch at a special media conference, with a mini car race held for children.
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The index marked a rise of 21.8 percent from a year ago, as demand from industries such as equipment and auto manufacturing gained steam, according to the association.
The housing provident fund is a long-term housing savings plan made up of compulsory monthly deposits by both employers and employees. It can only be used by employees for house-related expenses.
The infrastructure investments of the BRI can enable entrepreneurs immersed in this system to take advantage of opportunities by building businesses or technologies that can't be imagined in advance. In many cases in history, we've seen economies take off and prosperity spread because trade or transport costs are lowered. The latest studies by the World Bank and other international institutions suggest that cooperation has begun to pay off. The BRI will cut the costs of global trade by 1.1 to 2.2 percent, and those of trade along the China-Central Asia-West Asia Economic Corridor by 10.2 percent.
The inspection team from the NPC Standing Committee heard reports from local authorities, held symposiums with representatives from the governments, charitable organizations, experts and donors, and conducted on-site inspections and random spot checks.