The Chinese government was determined to foster growth of the general aviation industry, including business aviation, by building 200 new general airports and further opening its low altitude airspace.
The Chicago Board Options Exchange's volatility index rose 14.69 percent Wednesday, placing it close to the highest level in a year. The index, called the VIX, is a real-time gauge of the market's expectation for market volatility in the next 30 days.
The Canadian Press on Monday reported that Saudi Arabia is planning to withdraw all Saudi students studying at Canadian universities, colleges and other schools and transfer them to other countries such as Britain and the United States. There are 15,000 Saudi students in Canada on government-funded scholarships, grants and in trainee programs.
The China-initiated multilateral financial institution began operation in January 2016 with 57 founding members, with an agenda focused on supporting sustainable development through infrastructure and other productive sectors in Asia and beyond.
The China Index Academy's report forecast that the real estate market will continue to recover in the near future, but the impact of the COVID-19 epidemic will pose uncertainties to the market.
The Chinese authorities have paid great attention to intelligent-connected vehicles and strived to promote the industry to be globally competitive.
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The China Banking and Insurance Regulatory Commission said on Saturday that it has urged banks and insurance companies to increase funding to meet the financing demand of the real economy.
The Central Economic Work Conference in December saw Xi Jinping Thought on Socialist Economy with Chinese Characteristics for a New Era take shape. It emphasizes high-quality development instead of only pursuing high GDP growth rates.
The Cannabis Legalization and Control Bill will not be introduced as legislation by the Labor government this term, he said.
The China-Russia East-Route Natural Gas Pipeline, which is still under construction, is expected to begin gas supplies within this year, according to the Ministry of Commerce. The new pipeline will introduce 38 billion cu m of gas from Russia each year after completion.