The group, with minimum wealth of 2 billion yuan (0 million), added .5 trillion based on calculations from Aug 28. That's equivalent to half the United Kingdom's annual GDP, taking them to a total of trillion. That's more than the GDP of Germany, the world's fourth-largest economy.
The governor has said his order won't include other close-contact businesses such as dine-in restaurants and hair salons.
The gross domestic product gap between China and the United States has narrowed, according to updated figures from the World Bank in 2017.
The guideline also specifies the investment rules for sponsors' subsidiaries. The sponsor's legally established alternative investment companies are allowed to make the investment according to the new guideline. Securities firms that hold controlling stakes in the sponsors are allowed to have their alternative investment subsidiaries invest in the companies for the new tech board.
The group's 2017 annual report showed that it planned to increase its share of revenue from new media to 40 to 45 percent, while the adoption of technology continued to claim half of its income.
The government would reimburse businesses, but business advocacy groups say the plan isn't workable for many small firms. Still, only eight Republicans voted no.
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The government's job is not to direct what the market should or should not do, but to do its best to energize all market players, he said.
The high court agreed with the plaintiffs' statement. "Specific threats to the lives and health of residents are anticipated," the high court ruled.
The growth retreated from a 12.2 percent gain in March, during which fiscal revenue totalled 1.29 trillion yuan.
The guidelines also unify rules covering asset management products issued by all types of financial institutions, including banks and insurance firms, a move that analysts said could address regulatory loopholes.