The rating agency attributed the decision to expectations that China's economy-wide leverage would increase over the coming years, planned reform program would likely slow, but not prevent the rise in leverage, and sustained policy stimulus would cause rising debt.
The recovery can be identifiable in the trade figures. China's foreign trade expanded 4.6 percent year-on-year in October, with exports jumping 7.6 percent on a yearly basis and imports climbing 0.9 percent in yuan terms, according to the latest data released by the General Administration of Customs.
The province has granted loans of 1.12 billion yuan to about 15,000 locals in Haidong in recent years to help them start businesses, Yang said. It has set up about 90 agencies outside Qinghai to help its migrant workers obtain business certificates, get market information and provide for their children's education.
The real estate market is also a crucial factor that has an important bearing on the financial market and therefore should be dealt with properly, analysts said.
The recall will start on Feb 1, 2018 and Hyundai will check and replace the faulty parts for free.
The province's trade with countries along the Belt and Road rose 18.9 percent to 116.78 billion yuan, and its trade with the Association of Southeast Asian Nations grew 33.7 percent to 39.54 billion yuan.
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The proposed Seattle head tax has divided the city. (GeekWire Photos / Monica Nickelsburg)
The railway line runs through some of the most complex mountainous terrain conditions, said Zhen Bingguo from China Railway First Survey and Design Institute Group.
The publication provides a comprehensive set of eight key concepts, topics and illustrative learning objectives to guide the development of locally adapted and age-appropriate curricula, from which children and young people ages 5 to 18, or even older, can benefit to lead healthy, safe and productive lives.
The rate is estimated to rise to more than 70 percent by 2035, according to the Chinese Academy of Social Sciences. In developed economies, the rate is about 80 percent on average.