With the establishment of a number of manufacturing factories during the first Five-Year Plan period, secondary industry's contribution to GDP rose to 44.4 percent in 1960.
With its current trajectory, Amazon is rapidly approaching Microsoft in size. Microsoft employs more than 93,000 but hasn’t been growing as quickly as in the past. More than 40,000 of Microsoft’s employees are in the Seattle region; Amazon doesn’t break down its employment by region. Neither company’s figures include contractors or temporary workers.
With its huge market potential, the industry has lured a group of global businesses from several industries including construction, papermaking and furniture manufacturing. The Latvia-Estonia-Finland (LEF) Network to China is a program aimed at seeking long-term connections between entrepreneurs in the Central Baltic region with Chinese counterparts, and creating an export channel to China.
With offices in Sydney, Beijing and Hong Kong, Wattle Hill specializes in Australian businesses seeking to capitalize on the Chinese market.
With more than 3,000 hospitals participating and many support activities such as forums, CIIE is not just a platform but actually contributes to real purchasing, Hausmann said.
With sound industrial chain and all kinds of production factors in place as well as a huge domestic market, China can maintain solid economic expansion for the long term, he said. "It would be irrational for any state or any leader to ignore a market with a population of nearly 1.4 billion."
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With the outbreak hitting the trade sector hard, he said the government should offer private businesses, which accounted for most foreign trade last year, more tax and fee cuts to help them cut expenditure and restore vitality.
With looming downward pressures, the report suggested authorities strike a balance between controlling leverage and stabilizing growth, by measures including increasing central government bonds and advancing structural reforms.
With respect to specific sectors, professional and business services, health care, wholesale trade and manufacturing saw job increases, while construction witnessed job losses.
With the assistance of two subway staff members, the delivery was carried out in the temporary ward. At the same time, other subway staff members helped divert the passengers.