The report found that as a result, young urbanites may not blindly chase big Western brands simply because they were well known, creating a more level playing field for small Chinese brands created by startups.
The regulator took temporary policy measures such as encouraging banks to allow certain companies delay payments of loan principal and interest that will mature before June 30, said Xiao Yuanqi, chief risk officer and spokesperson of the commission.
The report said that in the first half of 2019, the region received about 76 million visits, up 46 per-cent year-on-year. Revenue generated by tourism exceeded 115 billion yuan ( billion), registering an increase of about 48 percent over the same period last year.
The rekindled dispute with the EU follows positive news out of the G20 in Osaka, Japan, over the weekend, when US President Donald Trump, after meeting Saturday with Chinese President Xi Jinping, said he would postpone tariffs on 0 billion more of Chinese imports and relax some restrictions on telecom giant Huawei Technologies Co Ltd. The two nations also agreed to resume trade talks. Stocks markets rallied in response on Monday.
The release of the report doesn't mean social unrest will end, Lam said, adding the government will continue to follow up police-related complaints and other controversial cases.
The regulation requires that urban public transportation management departments and enterprises take necessary measures to guarantee operation safety in case of natural disasters, emergencies and mass transit facility malfunctions.
南宁进口假体丰胸价格
The regional economic data comes after the central government pledged to roll out more measures earlier this year to stabilize the economy as some export-oriented regions have felt some level of downward headwinds.
The report said that over 70 percent of travelers took short trips during the holiday, and bullet trains were their top picks to help save travel time.
The regulation stipulates foreign life insurers can own up to 51 percent of stake in their China JVs. It also relaxed market access rules for them by scrapping the requirement of a 30-year track record of business operations and the establishment of a representative office in China for two years.
The report suggested an equal retirement age for men and women, which would provide women with more opportunities to work in senior positions, and implementing family-friendly work practices, such as remote and flexible working.