Global supply chains
Given that China has adopted the dual circulation development pattern and how world economic growth is facing more uncertainties due to the COVID-19 epidemic, Shanghai should further open up and seek new development paths, said government officials and top executives at the 32nd International Business Leaders' Advisory Council (IBLAC) for the Mayor of Shanghai.
Geely reported revenue of 36.82 billion yuan (.3 billion) and net profit of 2.32 billion yuan for the first half of this year on Monday, down 23 percent and 43 percent respectively year-on-year because of the impact of the novel coronavirus.
Given that steady rain was predicted for many places in the south and west of the country during the last few days of the holiday, the ministry said on Tuesday that it had offered aid to local traffic control departments to improve their emergency measures in adverse weather conditions.
Global reserve managers expect 8.5 percent of foreign reserves to be invested in renminbi by 2020, according to a recent survey sponsored by HSBC, an international banking and financial services institution.
Global investors are continually buying into the rally in China's equity market, which has taken the renminbi to its highest level in several months and reinforced hopes that the country's earlier economic recovery would sustain the bullish market sentiment, analysts said.
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Global sales of electric passenger vehicles are forecast to fall by 18 percent year-on-year to 1.7 million in 2020 as the coronavirus crisis has interrupted the 10 successive years of strong growth.
Glen said representatives from the two walls will examine the challenges and opportunities that come with managing large and complex archaeological remains, and explore the potential of tourism growth in both countries.
Global automakers are looking to China to boost sales and reverse losses, as the country is the first major economy to start recovering from the coronavirus pandemic with the disease under control, the Associated Press reported on Saturday.
Global consultancy Accenture said it will showcase its latest digital applications at the expo, which will be a combination of intelligent applications, data and infrastructure necessary to tackle uncertainties.