Local economy is expected to record negative growth this year. In mid-August, the government lowered the city's economic growth forecast from 2 to 3 percent, to 0 to 1 percent, due to a "remarkably increasing risk of recession". Economic data for the third quarter are expected to be released today (Thursday).
Looking ahead, analysts foresee further corrections on Wall Street, as the double blows of the coronavirus outbreak and the oil price plunge are fueling concerns over economic recession and asset price bubbles bursting.
Local animal protection personnel have set up two infrared cameras in the region where the Amur leopard was spotted.
Liu stressed that as cross-Straits relations enter the new year, compatriots in Taiwan will fully enjoy the dividends and benefits if both sides embark on the path of peaceful development.
Looking into the near future, analysts say they think that China's A-share market will continue to experience some volatility as investors' sentiment remains vulnerable to news about whether a US recession is on the way and the likelihood of the escalation of the China-US trade conflict. But analysts remain bullish about the A-share market for the longer term as Beijing's policies will become more accommodative in boosting demand and consumption.
Looking ahead, economic and trade cooperation between China and Europe promises a broad prospect. With a medium-high growth rate of around 6.5%, the Chinese economy has entered a crucial stage of consumption and industrial upgrading, leading to growing demands for high-quality consumer goods, advanced technology and equipment and quality services from Europe. Meanwhile, improved economic performance, expanding household consumption and increased infrastructure investment in Europe will generate new opportunities for Chinese businesses. The EU's investment in China only accounts for 4% of the EU's total overseas investment, and Chinese investment in the EU only takes up 2% of all FDI flowing to the EU. This is not commensurate with the size of the two economies and spells out enormous potential for further investment cooperation.
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Looking ahead, China will be more integrated into the global ecosystem of the industry and seek further development in opening-up, innovation and cooperation, Wang said.
Local reports said the Syrian Foreign Ministry is expected to release a statement of condemnation regarding the Turkish attacks on the Kurds.
Looking ahead, Lipton said China needs to deep reforms to transition from the current growth model that relies on credit-fed investment and debt.
Local authorities have restored all 24 Tibetan Buddhist lamaseries in recent years, and the religious culture is being preserved, according to Cili Wangdeng, a Living Buddha from Diqing Tibetan autonomous prefecture in Yunnan. The local government has also built roads and water service for the temples. Residents are free to pray at temples or at home, Cili Wangdeng said.