Meanwhile, China stepped up its effort to correct irregularities on local debt issues including the overuse of public-private partnerships (PPP) for financing to avoid the hidden-debt risks of local governments. As of the end of April, nearly 1,700 PPP projects have been cleared, involving an investment of 1.8 trillion yuan and more than 2,000 projects worth an investment of 3.1 trillion yuan were called for rectification.
Meanwhile, China has continued optimizing farming patterns to better meet demand from consumers. The total area in which corn and rice are farmed decreased this year, while that for soybeans and peanuts increased by 667,000 hectares, Han said. As a result, China has reduced reliance on imports for soybean and peanut consumption, he said.
Meanwhile, Starbucks jumped 13 spots to #31 on the list with a brand value of billion.
Meanwhile, Yonhap news agency reported that Seoul and Pyongyang have stopped all hostile acts in the border area on Thursday as agreed in a military deal signed by the two neighbors' defense chiefs amid a rapid diplomatic thaw.
Meanwhile, a bipartisan group of US lawmakers unveiled a 8 billion COVID-19 relief bill aimed at breaking a months-long deadlock between Democrats and Republicans over new emergency assistance for small businesses, unemployed people, airlines and other industries during the pandemic.
Meanwhile, business volume hit 147.31 billion yuan, up 31.1 percent year-on-year, the statement said.
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Meanwhile, brands under Fosun Tourism, which include Club Med, Casa Cook and Cook's Club, will be incorporated into Thomas Cook's online product portfolio in the United Kingdom to create synergy.
Meanwhile, fiscal expenditure growth jumped to 7.5 percent year-on-year from a decline of 9.4 percent in March, as China ramped up policy stimulus measures.
Meanwhile, the 350 km high-speed rail between Nakhon Ratchasima and Nong Khai, which is facing the Lao capital Vientiane across Mekong River, will be implemented by Thailand with China acting as consultants in terms of feasibility study and design, Arkhom said.
Meanwhile, China's homegrown system BeiDou is quickly catching up, enabling wider applications in logistics, aviation, precision farming and other industries that demand high-accuracy positioning.