Over the past few months, the new IPO system has proved effective and won wide recognition from the market. As its information disclosure mechanism forced relevant parties to undertake responsibilities for their work, it boosted the openness and transparency of all links. Under the new system, the process of registration was shortened to less than four months.
Overnight visitors increased to 1.38 million by 5.4 percent year-on-year, while same-day visitors (1.11 million) decreased by 1.0 percent. The average length of stay of visitors (1.3 days) held steady year-on-year, with that of overnight visitors and same-day visitors remaining unchanged at 2.2 days and 0.2 day respectively.
Overall business activity across China fell for the second month in March, but the rate of decline eased from February, as indicated by a rise of the Caixin China Composite Output Index to 46.7 from 27.5. The index, released on Friday, covers business activities of small and medium-sized enterprises and exporters in manufacturing and services.
Over the last nine years, the country also applied for more than 2,000 international patents on integrated circuits, often known as chips, according to Ye Tianchun, head of the Institute of Microelectronics of Chinese Academy of Sciences (CAS).
Over the first half, fiscal revenue contracted by 10.8 percent year-on-year to 9.62 trillion yuan (.37 trillion), narrowing from 14.3 percent for the first quarter, according to Liu.
Over the past five years, China's GDP rose from 54 trillion yuan (.2 trillion) to over 80 trillion yuan, contributing more than 30 percent of global economic growth.
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Overseas investors will be introduced in the trading of bonded copper futures.
Over the years, the city has been relocating residents who lived in areas with scant natural resources, poor living conditions or the threat of endemic illnesses. The local government aims to complete the resettlement project and make sure the people are well accommodated by next month.
Outbound investment in properties, hotels, cinemas, entertainment, sports clubs, and equity investment funds will also be restricted, according to the NDRC, as the government has stepped up efforts to curb irrational overseas investment.
Over the 12 months ending in October, hires totaled 70.4 million and separations totaled 76.1 million, yielding a net employment loss of 5.7 million. These totals include workers who may have been hired and separated more than once during the year.