The project, which taps the purchasing power in China's sprawling capital, is designed to help the poor earn money and shake off poverty. The target is to help 100,000 people stay above the poverty line, defined as per capita annual income lower than 2,300 yuan (4) at 2010 prices.
The project was conceived by Mao Zedong in 1952. The State Council approved the project in December 2002 after nearly half a century of debate.
The premier, speaking at the Seventh China-Japan-ROK Business Summit in Chengdu, said the demand from Chinese people for high-quality commodities and services is increasing fast, and there is urgent need to increase the supply for services in aged care, health and day care for infants.
The price hike ended a losing streak over the past two-plus months, when coal demand in downstream thermal power plants continued to shrink.
The programs were launched in response to a pledge by the Ministry of Commerce, which is working to lift 500,000 people from 10,000 villages out of poverty within three years. To do that, it aims to train them to work in 100 cities that urgently need domestic helpers.
The production of pigs in the first quarter of this year was 188 million, a decline of 5.1 percent compared to the same period last year, said Wei Baigang, director of the ministry's development and planning department.
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The producer price index (PPI), which measures costs for goods at the factory gate, rose 4.9 percent year-on -year in December.
The project has increased the availability and sustainability of power in Bangladesh and brought expanded and more reliable service to rural residents. It is among the first batch of projects approved by the AIIB Board of Directors in 2016.
The principal official pointed out that what has happened has shown it more clearly that the rioters in Hong Kong are by no means having peaceful protests, but are committing extremist violent crime of threatening and depriving others of democracy, human rights, freedoms and safety. They have tested the limits of human morals and frantically defied the law.
The presidential contender said he will travel the country over the coming days to solicit opinions from the public as to how the challenges he mentioned above should be dealt with. He will launch his kick-off rally in El Paso on March 30.