Last year, Chinese consumers spent 770 billion yuan on luxury items, with each luxury-consuming household spending an average of 80,000 yuan per year, the report said, based on transaction data of UnionPay.
Last June, the Chinese government slashed its subsidies for solar power and also halted all subsidies for utility-scale solar projects.
Last year, Chinese investments created 1.5 million jobs in destination countries while contributing billion in taxes there, Zhong said.
Last month, Trump threatened to send the US military to deter protests that started after the May 25 killing of George Floyd, a black man, by a white Minneapolis police officer.
Last year was the fourth-warmest on record since 1880 and the second-warmest (after 2017) without the direct influence of an El Nino event.
Last June, the first SCO summit with an expanded membership was successfully held in Qingdao, China. At this milestone event, the Qingdao Declaration was adopted and a blueprint was drawn up for SCO’s development in the new historical stage. President Xi Jinping and other SCO leaders reached important consensus on further promoting the Shanghai Spirit under the new circumstances, enhancing unity and mutual trust among old and new members, fostering an even closer SCO community with a shared future, and building a community with a shared future for mankind. The Qingdao Summit injected strong impetus into SCO’s future development. The international community looks to the SCO to exert greater influence and a bigger role in regional and international affairs.
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Last year, 81 billion yuan was invested in the sector and was used on such projects as building six airports and relocating airports, Feng Zhenglin, head of the Civil Aviation Administration of China, said at the administration's annual working conference in Beijing on Monday.
Las Vegas firefighters work at the scene of a fire at a three-story apartment complex, Dec 21, 2019 in Las Vegas. [Photo/Agencies]
Last month, authorities intercepted 200 kg of ivory at the Harare Robert Gabriel Mugabe International Airport, which was destined for Kuala Lumpur, Malaysia.
Last month, a total of 100 Chinese rental housing agencies jointly sworn against unlawful practices to protect the rights of tenants and landlords. Organized by the China Institute of Real Estate Appraisers and Agents, a self-regulatory industry organization, the rental agencies signed a pledge in Beijing to fend off a series of the most-reported breaches in the rental housing market.