The city's GDP is expected to hit 66.65 billion yuan (.68 billion) in the first quarter, up 2.1 percent year-on-year. Profits made by industrial enterprises realized positive growth for the first time in the past three years.
The charcoal-grilled Australian skirt steak is served with spicy and sour fried rice, sauteed onions and pepper.[Photo provided to China Daily]
The city's Chief Executive Carrie Lam Cheng Yuet-ngor warned on Friday that Asia's financial center is bracing for an "economic tsunami" never before seen, after meeting with 33 representatives from the business community.
The city will budged for coupons worth 100 million yuan ( million) and require each of its four urban districts, four rural counties and one county-level city to sweeten the pot with at least 10 million yuan more, according to a new release from the municipal government on Monday.
The center will coordinate its global research and development efforts, with a special focus on the application of cutting-edge technologies including 5G and artificial intelligence in vehicles.
The centrally administrated State-owned enterprise launched a self-organized train service from Yiwu of East China's Zhejiang province to Poland last week. The train will spend 13 days on the way and deliver over 200,000 items including mail, daily necessities and clothing to customers in the United Kingdom, France, Germany and Spain via local delivery after arriving at Warsaw.
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The center is located in the Guangfu Temple, a Taoist temple dating back to the Ming Dynasty (1368-1644) in 1459, which is regaining its life after residents were moved out and buildings were restored.
The central bank also released data about gold reserves, which fell to billion in September, down .7 billion in August.
The city dispelled global uncertainties to secure a large number of foreign direct investment deals. The number of newly attracted FDI contracts reached 6,800, up 21.5 percent from a year earlier, while contract value jumped 7.1 percent to .2 billion.
The central government has ratcheted up measures to promote green packaging in the express delivery sector by encouraging standardized industry practices, the use of more eco-friendly materials and the development of recycling facilities.