The rail transport industry in Guangzhou, capital of South China's Guangdong province, will reach 120 billion yuan (.91 billion) by 2021, said city newspaper Guangzhou Daily on Friday.
The raids by ICE (Immigration and Customs Enforcement) agents were expected to take place in Atlanta, Baltimore, Chicago, Denver, Houston, Los Angeles, Miami, New York and San Francisco.
The purpose is not to rescue these institutions or their employees or shareholders, but to prevent a systematic collapse of the US financial system. Similarly, if the Chinese government takes the initiative now, it is not to save individual SMEs, but to maintain economic, employment and financial stability.
The rate, significantly slower than the 9.4 percent a decade ago, in fact registered greater incremental expansion since the base today is 182 percent larger, said Andy Rothman, investment strategist at San Francisco-based investment firm Matthews Asia.
The province earned a total revenue of 33.55 billion yuan (about .9 billion) from rural tourism in the first half of this year, which has recovered to more than 60 percent of the same period last year.
The real driver for growth would be the demand derived from exports, investment and consumption, and the strong consumption rebound after the epidemic. A V-shaped recovery in the present case may sound a tad overoptimistic, but given the size of the economy, even a moderate bounce-back would still bring China close to its goal of 6 percent growth.
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The provincial maritime administration has dispatched helicopters and tugboats to transfer a total of 3,238 offshore platform workers and ordered 6,266 ships to take precautions against the typhoon.
The public reaction was furious as they feared damage to cultural relics at the 600-year-old Forbidden City, which was China's imperial palace from 1420 to 1911.
The reform to streamline administration and bolster compliance oversight and government services must be moved forward so as to better energize market players and help businesses get back to work at full production capacity, he said.
The province will strengthen regulation and management to protect the island's ecology and environment, and retain the good quality of its air, water and sea, he noted.