Infrastructure investment, as Song mentioned, is expected to be the major driving force to support the economy and avoid a sharp slowdown.
Inflation isn't an immediate threat. Prices for domestic purchases fell 1.5 percent in the second quarter, compared with a 1.4 percent increase in the first quarter when GDP contracted 5 percent, the Commerce Department said.
Industries making high-end equipment now represent 25.3 percent of the profit of enterprises with annual sales of at least 20 million yuan (.9 million), outpacing the steel industry for the first time and becoming a key industry in the province.
Indian IT firms are receiving far fewer H-1B visas than they did in the past. Infosys, one of the top Indian outsourcing companies, saw a 57 percent decline in H-1B?petitions from fiscal year 2015 to fiscal year 2017.
Industrial gases are used as basic raw material in the production of integrated circuits, semiconductors, optic fiber, solar power batteries and many other high-tech products.
In their talks, Pema Wangdu said Chinese President Xi Jinping and US President Donald Trump have maintained close contact and reached broad consensus, thus guiding the two countries to make a series of important advances in their relations.
Infant formula makers operating in China need to register their formulas by Dec 31. Without registration, they can no longer sell from Jan 1. According to the new guidance on registration of infant formulas released by the China Food and Drug Administration last year, companies have to meet specified standards for category and quality of their ingredients to get registered.
Industrial output expanded 6.9 percent year on year in the first six months, against 6 percent in the same period last year. Retail sales of consumer goods grew 10.4 percent year on year, up from 10 percent for the first quarter.
In what now has become legend, Apple co-founder Steve Jobs recruited PepsiCo exec John Sculley to the helm of the computer maker in the 1980s with the?classic line: “Do you want to sell sugared water for the rest of your life? Or do you want to come with me and change the world?”
Industrial products, daily necessities, agricultural and sideline products from east and south China will also be spread to northwest China through the park.