In terms of the assets that Citi believes offer positive prospects for wealth management, Max Xu, head of retail banking, sales and distribution at Citi China, said that equity investment, especially equities in Europe, Japan and emerging markets, as well as overseas markets that have underperformed since the financial crisis, are their major targets this year.
In response to questions over whether China will cut subsidies for NEV again in July, and completely stop offering such subsidies by the end of 2020, Miao Wei, minister for industry and information technology, said this year's subsidy policy will remain relatively stable and subsidies will not decline significantly.
In the 2010 Olympics, 57 percent of volunteers were women. That rose to 70 percent during the Sochi games in 2014. In South Korea, where young men face mandatory military service, 78 percent of people who applied to be volunteers were women, according to the local organizing committee.
In terms of the development of the private sector, the report noted China will work to foster an enabling environment and give private businesses equal access to production factors and policy support.
In remarks before handing down Cohen's sentence, the judge said Cohen committed two campaign finance crimes "on the eve" of the 2016 election with the "intent to influence the outcome of that election".
In recent years, rising material and labor costs have forced Chinese manufacturers to speed up efforts to move up the value chain to survive fierce competition, spawning a new generation of exporters engaged in production of high-tech and high value added products.
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In the "new era," instead of high GDP growth, China will pursue fairness and common prosperity, support underdeveloped regions and speed up technological innovation and industrial upgrading, according to Jiang Chao, chief economist at Haitong Securities.
In tandem with the reform, the services sector has expanded significantly. Its added value rose by 8 percent and accounted for 51.6 percent of GDP in 2017, according to the National Bureau of Statistics. The reform has also boosted entrepreneurship, innovation and the development of new industries and new forms of business, officials said. Micro and small firms are considered to have been the biggest beneficiaries.
In terms of de-stocking in the property market, the floor space of unsold homes were down 9.6 percent at the end of June.
In recent years, there have been some erroneous trends of thought, and some individuals have distorted historical facts and slandered heroes and martyrs on the internet or in publications in the name of "academic freedom" or "restoring history", Xu Anbiao, deputy director of the Legal Affairs Commission of the Standing Committee of the National People's Congress, said in explaining to the congress why such a law is needed.