In the future, this kind of economy has broad room for growth as it can be expanded to more intangible sources such as time and space.
In the domestic market during the New Year holiday, users spend most in retail sector, restaurant and traveling, according to WeChat.
In the few instances where manufacturing does return to the US, it will probably not create jobs in the old Rust Belt, he wrote. Instead, the goods are likely to be produced by robots, which are as likely to be located in high-tech centers as elsewhere.
In the face of complex situations at home and abroad, the central bank will continually stabilize the financial system and promote the effectiveness of macroeconomic policies to support real economic growth, the report said.
In the first 10 months of this year, Chinese local governments issued a total amount of 4.28 trillion yuan in bonds, including 2.53 trillion yuan of special bonds. The ministry released the data on Wednesday.
In the first half of the year, retail sales of consumer goods went down 11.4 percent year on year to 17.23 trillion yuan (.5 trillion, narrowing by 7.6 percentage points from the first quarter.
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In the almost 40 years since China and the US established diplomatic relations, both countries and peoples have benefited from economic and trade cooperation.
In the absence of national security legislation under Article 23 of the city's Basic Law, the country's top legislature decided to enact a law for promulgation in Hong Kong after adding it to Annex III of the Basic Law, Tam Yiu-chung said.
In the Yizhuang economic technological development area, a series of enterprises will be settled in the innovation demonstration base of the cybersecurity industry application zone.
In the first half of 2019, a total of 4.2 billion yuan (2.24 million) in arrears was recovered and paid to about 443,000 workers, official data showed.