Regarding local government debt risk, 60 percent of the bankers said this is mainly a result of local governments' emphasis on project implementation and neglect of debt management in the short term, which is caused by the performance evaluation of government officials. About 52 percent of the bankers said it may be difficult for local governments to repay loans due to the long repayment period and low returns on investment for infrastructure projects.
Recently, an online video went viral for featuring a Chinese woman who turned her face into the Mona Lisa and other world-renowned portraits using her transformative makeup skills.
ROK's National Intelligence Service chief Suh Hoon (left) meets Japan's Prime Minister Shinzo Abe in Tokyo, Japan March 13, 2018. [Photo/Agencies]
Reducing households' financial leverage in the property and financial sectors will also support consumption expenditure and the expansion of demand for services, Li added.
Raphael Tuju, cabinet secretary and secretary-general of the Jubilee Party, says the China-Kenya relationship has weathered all odds. [Photo by Liu Hongjie/China Daily]
Regarding bilateral ties, he noted that Germany abides by the agreed upon principles reached between the two countries in recent years.
seo排名报价
Races were held across the country in celebration of the Dragon Boat Festival which fell on June 7 this year.
Refuse Wild Animals, Fight Against The Epidemic.[Photo/Chinaculture.org]
Randy Orwig, from North Carolina, told China Daily that he went to the protest to make sure the environment is taken seriously.
Rail authorities in Guangdong and Guangxi have taken many measures to enhance transportation capability, including making full use of new rail tracks and putting more additional trains into operation.