The trade of pearls and other goods, as well as the role of the marine Silk Road, turned the city into a place of wealth. In the 1990s, when the local pearl industry enjoyed the most growth, every family was farming pearls.
The tourism industry, which accounts for more than 70 percent of Macao's GDP, has continued to prosper. The number of visitors to Macao rose from 6.94 million in 1998 to 35.8 million last year.
The toes of the Leshan Giant Buddha are submerged in floodwater on Aug 18, 2020. [Photo by Li Xinfeng/for chinadaily.com.cn]
The total output value of Beijing's energy conservation service industry is about 71.5 billion yuan ($ 10.4 billion), which accounts for 15 percent of the whole industry at national level, according to the ESCO Committee of China Energy Conservation Association. By the end of 2018, there were 941 energy conservation companies in Beijing.
The threshold for market access will be lowered further for foreign capital, especially in key areas such as information technologies, high-end equipment manufacturing, new materials and new energy vehicles, Chen said. Costs for financing, logistics and taxes also will be reduced, he said.
The total market size of the products will reach 3.7 billion yuan in 2022, with the average compound annual growth rate between 2018 and 2022 coming in at 16.6 percent.
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The three Kazakh sons are recorded in the Cao family genealogy, which starts with the first generation in Hongdun.
The top court has stopped 10.15 million flight trips and 3.91 million rail trips, it added.
The teashop has great customer loyalty, as it strikes a balance between traditional culture and a modern lifestyle, said Li Shengming, a frequenter.
The top three companies with the highest investment in projects aiming to end poverty are China Pacific Insurance (Group) Co Ltd, Yunnan Aluminium Co Ltd, and Huaneng Lancang River Hydropower Inc.