The rent is high in the area-50,000 yuan (,260) per square meter annually, according to the owner of a nearby restaurant that serves meat and vegetables stewed on sticks in a hot and spicy soup, a popular street food in Beijing.
The report said that China's economic development must rely on integration between innovation and industrial production, and work must be made to ensure that innovation progress was passed on to production.
The report from multinational professional services firm PricewaterhouseCoopers expects a further moderate decline in M&As in the second half of the year.
The report said that with the authorities creating a better environment for copyright protection, the paid content field will continue to see rapid growth.
The report said Chinese travelers spend abroad about five times that of foreign visitors in China, leading to a disparity of earnings in foreign currencies between outbound and inbound trips.
The report said the issuance will help the securities company to provide services for future clients intending to raise funds on the London Stock Exchange, as the company will experience the whole process itself first.
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The report also said that empty-nesters, referring to retired people without children or whose children live elsewhere, may face mental health risks.
The relationship started in earnest in Feburary 2015 when the Industrial and Commercial Bank of China Limited (ICBC) acquired shares in Standard Bank's London-based Global Markets business.
The report notes that Hulu in the U.S. and China’s Youku Tudou, iQiyi and Tencent have upped spending on original programming as well.
The report is set to be delivered to the annual session of the National People's Congress, which had delayed its opening from March 5 to May 22 due to the COVID-19 pandemic.