Rosemary Gallagher of the Scotch Whisky Association, said demand for Whisky from China increased by 45 percent in the first six months. The cut in tariffs will give another boost to Scotch and should encourage the premium Scotch whisky market to expand.
Rival Tencent Holdings Ltd came up with a similar set of stellar numbers with revenue soaring 54.8 percent to 49.6 billion yuan.
Reviewing China's employment data in the first three quarters, 10.97 million new jobs had been created in cities and towns, meaning that 99.7 percent of the annual target had been achieved, which slightly slipped from 11 million new jobs in the same period last year.
Rising demand for exclusive services and high-end products is a clear sign that China's consumption upgrade is gathering steam. TANG DEHONG/FOR CHINA DAILY
Ross told CNBC that the US also had agreed to treat Chinese financial institutions the same way as other foreign banks that want to open activities in the US.
Returnees chat with prospective employers at a job fair in Shenzhen, Guangdong province. [Photo by Xuan Hui/For China Daily]
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Revenue for the second quarter was .1 billion, up from .9 billion in the year ago quarter. Operating income was 6 million, compared to 8 million in the second quarter last year. While Amazon overall surprised investors with a drop in profits, this is pretty much what observers expected from AWS during the quarter.
Roughly 13 percent of the respondents said they are currently doing what they dreamed of in their childhood, and 42 percent said they work in related areas. The rest have never tried what they used to dream about or have switched to other professions.
Rinck made the announcement at an opening ceremony for the Nanhai Wing at Hilton Shenzhen Shekou Nanhai in Shenzhen, Guangdong province, on Sunday.
Ross said the US-China relationship is one of the most important trade and investment relationships in the world. "China was our third-largest goods export market in 2016. Over the last decade, US goods exported to China have doubled, growing by nearly 10 percent per year," he said.