This year that figure is expected to increase by 54.5 percent to 1.85 trillion yuan.
This was the first time that China Daily has held the Vision China event abroad.
This weakening was not a "short-term dent" that could be made up quickly, Denner told the Sueddeutsche Zeitung.
This year's fair covers areas including trade in cultural products, tourism services, financial services, winter sports, and industrial- and service-themed robots. It includes four major forums and more than 100 seminars and promotional events. The value of tentative deals reached at the fair amounted to 5 billion in 2019.
This would push the city's economy to undergo a new structural transformation, Chan said.
This was the eleventh consecutive business day that the People's Bank of China (PBOC) has halted the process, where it purchases securities from banks with an agreement to sell them back in the future.
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Those companies have found it quite difficult to seek financing from banks because most of them have minimal assets at this time. As a result, they have to seek financing from venture capitalists.
This year, Flavorful Origins, another production by Chen which was purchased by Netflix, has introduced authentic Chaoshan dishes to a much broader viewership.
Those plans have drawn fire from public health experts and other governors who warn that a premature easing of stay-at-home orders and business closures-imposed over the past five weeks could trigger a renewed surge in coronavirus cases.
This year's flood season-stretching from May to September-is predicted to be worse than average, with more heat waves and typhoons, a meteorological expert said on Friday.