The Hong Kong government will allocate HK billion in its regular expenditure — on top of previously announced measures — to relieve the hardships of senior citizens and low-income families hit by the economic downturn.
The GDP growth is expected to be 6.8 percent considering R&D expenditures, and 6.6 percent excluding that item, according to the economic blue book published by the Institute of Economics at the Chinese Academy of Social Sciences.
The G-7 is an intergovernmental economic organization comprising seven developed countries — the United States, the United Kingdom, Canada, France, Germany, Italy and Japan. All seven have established a robust mechanism to protect their own national security. The US has at least 20 laws related to national security, and violating some of them could be punishable by death.
The Hong Kong-Zhuhai-Macao Bridge is a landmark project of the Greater Bay Area development. [Photo by Wang Jiaxin/For China Daily]
The French specialist in industrial estate development and operations is teaming up with Shanghai-based Junjian Corp Development Co Ltd to set up a joint venture for smart supply chain services to cater to China's huge e-commerce market.
The G20 Leaders' Summit in Buenos Aires, Argentina, is expected to bolster an international consensus on upholding multilateralism to promote sustainable development of the world's economy, a senior Argentine diplomat said.
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The Global Urban Competitiveness Report 2018-2019 was released at New Global Cities: Nanjing Internationalization Development Forum, held in Nanjing, Jiangsu province, on Monday. It has established an urban economic competitiveness ranking system with factors such as infrastructure, financial service, technological innovation and human resources taken into consideration to evaluate the quality of 1,007 global cities with populations over 500,000.
The HKMAO has stood by its earlier comments on Tuesday, saying that by clearly stating their stance on the issue, the two central government bodies in charge of Hong Kong issues were in fact diligently fulfilling their supervisory roles and also safeguarding order in the city.
The Hong Kong police seize a semi-automatic pistol, 105 bullets and other prohibited weapons suspected to be used by radicals in a demonstration on Dec 8, 2019. [Photo/Screenshot of video by kankannews.com]
The Fed lowered interest rates three times in 2019, cutting the target range of the federal funds rate by 75 basis points to 1.5-1.75 percent. After wrapping up its first monetary policy meeting of 2020 last week, the Fed left interest rates unchanged and maintained a wait-and-see stance.