The inaugural campaign, kicked off on Tuesday in central Shanghai's Jing'an district, saw the release of new beauty and skincare products from international cosmetics names like L'Oreal, Estee Lauder and Sisley.
The industry’s total global revenue is expected to top 9 billion, with an increase of 13.3 percent, of which the China market will account for as high as 27 percent this year.
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 increase was higher between China and countries involved in the initiative, the report showed. Accumulated trips originating in China to the countries and regions involved in the initiative increased nearly by 39 percent from 2013 to 2017, compared with an increase of about 25 percent to countries and regions not involved in the initiative.
The increased debt would be used for financial relief to help enterprises, banks and households survive the pandemic shock, the note said.
The impact on the airport retailing business will be much heavier than severe acute respiratory syndrome in 2003. Besides slumping customer traffic, many companies have cut or stopped payments to employees and encouraged them to take annual leave, and this will result in less money and less holidays taken by consumers. Once the crisis is over, the travel demand rebound may not be strong enough, he added.
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The impact of Zhao's investigation on China Minsheng Bank remains unclear.
The international nonproliferation regime, an open international trade system and the Paris Climate Agreement are among the fields they can cooperate in, said Jia.
The incidence of lung cancer has surged in recent decades.
The injured have sought medical treatment at public hospitals, including 117 men and 96 women, according to the Hospital Authority in China's Hong Kong Special Administrative Region.