The central government highlighted the importance of ensuring that focus is placed on "six priorities"-employment, people's livelihoods, development of market entities, food and energy security, stable operation of industrial and supply chains and smooth functioning at the community level of society-and that stability is maintained in six areas of employment, finance, foreign trade, foreign investment, domestic investment and market expectations, said Xiang Songzuo, former chief economist at the Agricultural Bank of China.
The ceremony was held to mark the 11th anniversary of the 2007 summit in Pyongyang between then ROK President Roh Moo-hyun and then DPRK leader Kim Jong-il, the father of the current leader.
The city's foreign trade increased 17.9 percent year-on-year to 738.78 billion yuan during the three quarters.
The central bank increasingly relies on open-market operations, rather than changes in interest rates or reserve requirement ratios, to manage liquidity in a more flexible and targeted manner.
The city's total online retail sales during the shopping festival reached 255.1 billion yuan, up 23.5 percent year-on-year. Livestreaming has not only prevailed on online platforms but also helped to boost the sales of physical stores. More than 290,000 livestreaming shows were staged during the two-month shopping festival, which translated into at least 950 million views, according to the commission.
The city's struggling retail sector sees no light at the end of the tunnel as almost six months of violent protests continued to grip the city, with the government announcing the worst slump in retail sales for a single month.
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The central business district in Beijing on Sept 7, 2018. [Photo/VCG]
The changing geopolitical alliances led to the Soviets attempting to regain control of all of Berlin by implementing an economic blockade of West Berlin leading to the famous Air Bridge operation, whereby West Berliners received food through airlifts. The Cold War had begun, and in 1963, US President John F. Kennedy made his landmark speech while visiting the city, with the pronouncement, "Ich bin ein Berliner" (I am a Berliner).
The city has gained recognition by hosting the annual Global Tourism Economy Forum - a leading international platform set up to promote sustainable development of the global tourism industry with a focus on China - since 2012.
The centerpiece of the blueprint is the "dual circulation" development pattern, first put forward in May.