Tourists take photos with the skyline in the background on a Kowloon promenade that runs along Victoria Harbour in Hong Kong, China, on September 26, 2017. [Photo/VCG]
Transfer payments from the government to those low-income people will help them maintain their living standards and prevent the contraction in aggregate demand. Indeed, payments to individuals may not be the most efficient way to stimulate demand, but it would reflect society's intent to care for the hard-hit, ordinary people amid the crisis.
Tourists appreciate the skyline view of Lujiazui area at the Bund in Shanghai, East China, on Jan 6, 2020. [Photo/Xinhua]
Tourism has created more than 80 million jobs and became an important industry to help the economy and reduce poverty, Li said.
Transactions at the brand exhibition areas during the fair increased by 16.9 percent year-on-year to .9 billion, accounting for 36.3 percent of the total.
Translators have taken part in the fight against the virus since the early stages of the outbreak. Meng said he issued a call for volunteers in February, and within three days he had received many replies.
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Trade problems can only be solved by boosting domestic savings instead of imposing tariffs, he explained.
Travelers arriving in the special administrative region by train are not required to do so as body temperature checks are being carried out at the West Kowloon high-speed rail terminus, where two trains arrive each day from Wuhan.
Trade tensions are taking a toll on the global economy and a lasting solution is necessary, Kristalina Georgieva, managing director of the International Monetary Fund said on Tuesday.
Toll could be accepted only in cash or through Octopus using hand-held readers. But credit cards could no longer be used.