The insurance-to-pharmaceutical conglomerate has approached investors to discuss possibly disposing its stake as well as financing for films Studio 8 is producing, said the people, who asked not to be identified because details are private. Fosun values the studio, which it bought about three years ago, at as much as billion, one of the people said.
The incoming government will strive to alleviate the debt burden and resume the development of a productive economy that will allow the country to export and in that way create the capacity to pay, Fernandez said.
The institute cited "steeper than expected declines" in several states as the factors for lowering its estimate of 415,000 deaths by year's end that it had predicted on Sept 10. But it cautioned deaths could surge to more than 3,000 per day by the end of December.
The industry also recorded progress in upgrading operations and optimizing the industry's structure, thanks mainly to a reduction in overcapacity.
The institute reached agreements with Beijing University of Chinese Medicine and Guangzhou University of Chinese Medicine. The school in Beijing has established ties with at least 108 universities and research centers in more than 30 countries and regions, helping to strengthen global recognition of TCM.
The hukou system is a unique residency policy instituted in the 1950s. A person's hukou suggests more than geographical dwelling place but also a string of social and economic benefits and welfare that involves the education of children, pension benefits, medical care, the right to buy or inherit property and even to obtain a car license plate in big cities like Shanghai and Beijing.
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The income of residents and workers has increased steadily. From 2014 to 2019, the per capita disposable income of residents in Xinjiang increased as follows:
The initiative, proposed by President Xi Jinping in 2013, comprises the Silk Road Economic Belt and the 21st Century Maritime Silk Road. It will create a vast network of trade and infrastructure along the ancient Silk Road routes.
The interest rates for first-home buyers in Beijing have been increased by 5 percent to 20 percent over the central bank's benchmark rate.
The incident, in April 2016, resulted from his mother Su Yinxia's involvement with loan sharks. Su, who ran a car parts manufacturing business, had borrowed 1.35 million yuan (6,000) from an illegal lender with a monthly interest rate of 10 percent. After paying back 1.84 million in principal and interest and handing over property worth 700,000 yuan, Su had still not paid off her debts.