The escalation in trade tensions between China and the United States, may lead to weaker business confidence and slower global trade growth, which is expected to weigh on investment and exports in 2020. But in the near term, as China shows positive surprise in GDP growth in the first quarter, and the macroeconomic policies have taken effects on stabilizing the growth, the GDP growth rate is likely to stay at 6.2 percent, the report said.
The estimate was based on statistics from the country's major carmakers who reported their sales every 10 days, said the China Association of Automobile Manufacturers on Thursday.
The draft is among six sections of the civil code. The five others include contracts, inheritance, and marriage and family.
The domestic refining market is expected to be further diversified this year, with numerous private refining projects actively under construction, which will further boost the country's total refining capacity.
The energy sector is one of Ethiopia's priorities as the country envisages to become a light manufacturing hub in Africa together with a middle-income economy by 2025.
The economic fallout was concentrated in the second quarter of 2003 as the epidemic peaked in April and May. The quarter recorded a 9.1 percent year-on-year GDP growth, 1.5 percentage points lower than the average growth rate of the first and third quarters.
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The effort will benefit foreign banks, especially those that need to launch renminbi business, as they are based in the economies associated with the Belt and Road Initiative, but do not have a large demand for such business, the banker said.
The effort has paid off. The average annual density of fine air particulate matter, or PM 2.5, often used as a gauge for air pollution, dropped by 33 percent in 2016 in the Beijing-Hebei-Tianjin region compared with 2013. Water and soil conditions also improved.
The education bureau in Sanyuan released a statement on Saturday saying it had suspended the impostor from her duties and would investigate. Li Min resigned from the bureau later that day, the bureau said.
The eight new initiatives have included industrial promotion, infrastructure connectivity, trade facilitation, and green development, among others.