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Rescue workers are seen in Tham Luang caves during a search for 12 members of an under-16 soccer team and their coach, in the northern province of Chiang Rai, Thailand, June 27, 2018. [Photo/Agencies]

Residential property gathers speed in lower-tier cities even as metros withstand curbs, higher prices

Ren also said that the slight easing in PPI growth in March is compatible with a stabilizing economy. "PPI remains at high levels, despite its fall in March," he said. "Supply is being reduced and demand is rising, which will combine to lead to recovering corporate profits."

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Regardless of industry type or enterprise scale, 45 percent of surveyed companies with a high digital intelligence maturity were unaffected or influenced positively in terms of revenue during the epidemic. By contrast, the figure of enterprises underperforming in digital maturity stands at 22 percent. Some 60 percent of enterprises with high digital intelligence maturity believe they can quickly resume normal business operations within a short period of time (less than 3 months), while the proportion is 48 percent for those with lower digital footprints.

Released by Beijing-based research firm Openbook on July 12, the report said that the increase was driven by a surge in online sales, which grew by 24.19 percent from the previous year. Meanwhile, sales at brick-and-mortar stores dropped by 11.72 percent year-on-year.

Rescue forces will never give up hope and will spare no effort in their search and rescue work, said the emergency rescue leadership.

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Related companies also participate to seek business opportunities from the high-value industrial chain such as systems supply, maintenance, leasing and chartering.

Rescue workers searching for survivors cut through debris before dawn on Thursday. WANG QIANG/FOR CHINA DAILY

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Ren, 69, was appointed general manager of Huayuan Group in 1993 and later became the group's chairman. He was also the chairman of Huayuan Property, a listed subsidiary of Huayuan Group, and Beijing Huayuan Real Estate, which is wholly-owned by Huayuan Property.

Researchers from several institutes, including the Chinese Academy of Agricultural Sciences, made the conclusion after genetic analysis of 318 samples of Spodoptera frugiperda, or fall armyworm, collected from 13 provincial-level regions, the academy said on Monday.