Manufacturers have embarked on far-reaching overhauls and costly investments to prepare for accelerating sales growth of electric cars. Demand is being propelled by tightening regulations in China, where VW, Daimler's Mercedes-Benz brand and BMW AG generate a large chunk of revenue and profits. Getting the timing right for the technology shift is vital as global deliveries of battery-powered vehicles are still relatively small, and combustion-engine cars account for the vast majority of profits.
Manufacturing is a pillar industry of the Chinese economy, and it supports the country's high quality as well as global industrial growth. It is widely believed that smart manufacturing is the only way for the transition and upgrade of Chinese manufacturing.
Ma attributed the rapid development of China's green bond market to "its willingness to experiment with these (financing) ideas."
Manila Mayor Isko Moreno will also go on self-quarantine after he returns to the country following his official trip to Britain.
Macy’s is closing approximately 100 stores in the next few years and has sold off parts of other locations, as it did with the 300 Pine building in Seattle.?Macy’s sold the top floors of 300 Pine to Starwood in 2015 for million. The company said at the time the space was underused and Starwood quickly began a massive renovation project to turn the floors into office space and add a rooftop deck.
Manufacturing, internet and foreign trade were the major sectors with rising demand for job seekers, while online recruitment opened new doors for job hunters during the novel coronavirus outbreak, an industry report said on Tuesday.
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Ma Wensheng, president of Xinhu Futures, a domestic brokerage, said: "The domestic iron ore trade has taken DCE's iron ore futures price as the benchmark price. With years of mature operation of domestic iron ore futures, it is the right time for the introduction of overseas traders."
Ma Xiaoguang, spokesperson for the State Council Taiwan Affairs Office, made the remarks in response to concerns raised at a news briefing that some mainland personnel in Taiwan were subject to travel restrictions by the DPP administration.
Malaysia reported 103 new COVID-19 cases on Friday, a significant rebound from 10 cases a day earlier, pushing the national total to 7,732, the Health Ministry said.
Major stock indexes in Shanghai and Shenzhen bourses reached new highs on Monday, spurred by financial shares and forecast-beating results from industrial giants.