The central government will step up its efforts to stamp out inflated and falsified economic data after some local governments in the country cut their gross domestic product growth and admitted fudging key economic numbers, as part of the country's overall efforts to achieve high-quality growth, economists said on Monday.
The city's transportation authorities said the following day they would not impose a lockdown, but strict precautions would be implemented on provincial highways and at railway stations and airports.
The chief China economist of the Paris-based organization also noted that the 2021 growth rates forecast by the OECD are "unusually high" because all those economies have a very low base in 2021 as they were all hit by the pandemic to different degrees.
The city also introduced a lottery system in 2010 for local residents who want to own a car.
The change to the income tax threshold will take effect on Oct 1, while the rest of the amendment will go into effect on Jan 1.
The city's growing life expectancy has spurred the construction of more elderly care facilities. According to official statistics, there are presently 703 nursing facilities housing 140,400 beds for the elderly in Shanghai, a 5.7 percent rise from last year. In addition, there are 100 elderly service centers in the community, including 68 new ones that were established in 2017.
晋江肿瘤检查
The city of Toronto. (BigStock Photo)
The charge, under the country's anti-corruption laws, provides imprisonment for up to 20 years and a fine of not less than five times the sum or value of the gratification, upon conviction.
The city then stepped on the gas pedal by unveiling a string of measures such as improved talent policies, preferential taxation, the identification of more high-tech enterprises and the enhancement of tech-related infrastructure.
The city, which sees over two-thirds of its economic contribution coming from modern services, recorded a 9.4 percent jump in industrial output from January to September, 1.2 percentage points higher than the first six months of this year.