Tong said most Hong Kong people can be at ease with the law's Article 4, which stipulates that the rights and freedoms guaranteed specifically by two international human rights covenants will be respected and protected. "This represents Beijing's respect for the 'one country, two systems' principle," he said.
Tourk said China's measured response shows that Beijing is not eager to start a trade war. "Obviously, if the situation is to escalate, the global economy will suffer," the expert added.
Trade volume for private enterprises also increased, as their combined volume rose 17.8 percent. This accounted for 38.5 percent of the national total, 0.4 percentage point higher than the proportion for the same period of last year.
Trade with economies participating in the Belt and Road Initiative exceeded 1.26 trillion yuan (8.84 billion) in the first two months, up 21.9 percent year-on-year, 5.2 percentage points higher than the general trade growth.
Total revenue of the centrally administered SOEs was up 13.3 percent to 26.4 trillion yuan in 2017.
Traditional customs bonds usually come in two forms: cash deposits and bank guarantees. "Bank guarantees are mainly issued to big companies with large credit lines, but difficult to obtain for small and medium-sized enterprises," Gao Haifeng, deputy director of Beijing Customs District, said at a news conference.
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Trantini said the Chinese people have a passion for SUVs and that creates opportunities for brands like Jeep.
Tourism revenue during the period reached about 252.9 million yuan (.78 million), marking a year-on-year increase of 19.5 percent, according to the regional tourism development department.
Trade leaders in Hong Kong slammed a new US rule that demands Hong Kong relabel its exports to that country as being from China, saying the rule disregards international trade agreements and norms, and is destined to backfire as the US currently enjoys its largest trading surplus with the city in years.
Tongchuan, Shaanxi province, appeared for the first time. The city used to depend on coal mining but has now remodeled itself as an eco-city promoting environmentally friendly industries such as village tourism.