No transition is painless. As new higher value-added industries develop, some of the old industries will have to move or go out of business. Some companies that had business models dependent solely on cheap labor will not be able to keep up with the upgrading process. It is important not to try to preserve zombie companies that cannot compete in the new economy.
No new confirmed or suspected cases were reported in the city from 7 am Thursday to 9 am Friday.
Nonperforming loans (NPLs) from the bank decreased by 0.04 percentage points in 2017, a positive result shared by most of the listed banks in China, it said.
Nine years later, customers are still using them in vast numbers, Liu Junhai, a professor at the Law School of Renmin University of China, told China Youth Daily.
Ng said "black terror" will not hold back candidates who truly love the city and want to contribute to its development. He urged the government to ensure a fair and safe election.
Ni Yuefeng, head of the General Administration of Customs, told Xinhua News Agency on April 30 that China will further expand its policy package to counter the impact of COVID-19 and boost the long-term and stable growth of foreign trade.
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Nobody got hurt in the fire, according to the Nanjing emergency management department. The department said the fire was brought under control around 10:10 pm, and that firefighters were extinguishing the remaining small fires that existed in the the center as of 10:30 pm.
Night shopping in front of the gate of Dashilan [Photo by Feng Yongbin/China Daily]
No new evidence was presented at the hearing on Thursday, which was attended by Zhang's family members. A pretrial hearing was set for Aug 28.
Nissan, Subaru, Mazda and Mitsubishi are checking whether their models are affected.