The new joint venture, which is still in its arrival process through the China Securities Regulatory Commission, will be the first one of its kind in China with a foreign firm taking controlling stakes, since the central government promised to further open up China's financial sector in April.
The new-generation missiles feature a higher level of automation and good anti-jamming and penetration capabilities. And a number of modern launch facilities that are capable of firing various types of missiles have been built across the country.
The new travel advisory issued by the US will cause another blow to Hong Kong's economy, which has already been seriously dented by the recent mayhem in which the US also played a role, Lau said.
The newly registered permanent urban residents in Xi'an has now exceeded one million, after easing of the city's household registration policy started in March 2017, according to the Xi'an public security bureau.
The news comes about three months after short seller Muddy Waters Research released a report on Luckin that said the company was inflating its numbers. Luckin initially denied the allegations following the release of the report.
The new institution was founded on the base of the National Center of Underwater Cultural Heritage of China. According to Tang Wei, director of the National Centre for Archaeology, the new center will expand to a wider field and have comprehensive research on the adoption of hi-tech approaches in archaeological studies.
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The national security law for Hong Kong is being drafted by the Standing Committee of the nation's top legislature – the National People's Congress – and will outlaw four types of acts that could endanger national security.
The national flag was hoisted and the national anthem was played at a ceremony at the Golden Bauhinia Square in Hong Kong Island at about 8:00 am local time in celebration of the anniversary.
The new LPRs were reported for the first time on Aug 20. For loans with maturity of five years or longer, the LPR was reported at 4.85 percent-the rate floor for first house mortgage loans. It is lower than the existing mortgage loan of 5.39 percent offered by most commercial banks. And 5.45 percent (LPR plus 0.6 percentage point) will be the lowest rate level for second house mortgage loans, also lower than the current 5.88 percent.
The new policy follows a raising of the threshold of personal income tax from 3,500 yuan (4) to 5,000 yuan per month. The tax reform will significantly help reduce the tax burden on low-and middle-income groups, and raise people's disposable income and promote domestic consumption, said experts.