The country's debt-to-GDP ratio, an indicator of the country's ability to pay back its debt, dropped to 36.2 percent in 2017 from 36.7 percent in 2016, Xiao said at a news conference during the ongoing first session of the 13th National People's Congress.
The danger of staying put
The court said Xiang's actions constitute bribery and the amount is particularly large. In view of the fact Xiang confessed his crimes truthfully, pleaded guilty and returned all the bribes, he could be given a lighter punishment according to law, the court said.
The country's total imports and exports reached .8 trillion through May, up 16.8 percent year-on-year. The value of exports was 7.06 billion, up 13.3 percent on a yearly basis. Imports were 7.39 billion, a 21 percent increase from a year earlier. China's foreign trade growth this year is the highest in seven years, judging from the growth rate of foreign trade in the first five months of previous years.
The country's tourism industry raked in 87.16 billion yuan (.73 billion) in revenue during the holiday that ended Tuesday, up 10.2 percent from a year earlier, according to the Ministry of Culture and Tourism.
The data showed that funds invested in China returned nearly 19 percent on average to investors over the six months ending on June 30. The China returns were followed by funds investing in the Asia-Pacific region, which returned 15 percent, and funds buying small capitalization companies in Europe and the UK, which also returned 15 percent.
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The date of implementation will depend on when the US government imposes the tariffs on Chinese products, the MOF said.
The death penalty was upheld by the provincial high court in 2013 and then submitted to the country's top court for a review.
The current parliament and government began its term of five years from February and April 2016 respectively under the leadership of the ruling National League for Democracy (NLD) which won the absolute majority of the parliamentary seats in the Nov. 8 general election in 2015.
The deal is thought to involve the largest-ever amount of Chinese craft beer imported by the United Kingdom, with 10,000 bottles of Panda Brew made available to British drinkers.