The nighttime economy refers to business activities between 6 pm and 6 am in the service sector. Many other Chinese cities, including Shanghai and Tianjin, have introduced plans to boost their nighttime economy.
The news, announced on Thursday, makes Investec the first private sector company to sign such an agreement with CAD Fund, and is a major statement of confidence in the financial returns of infrastructure and other projects in Africa.
The number is also a growth of 64.7 percent year-on-year, said Song.
The number of visitors to this small town, which has a population of 3,600, has seen a significant increase since last year, when President Xi Jinping recognized the achievements of the village and its Party secretary, Wang Chuanhai.
The number of new births in China reached 18.5 million last year, an increase of more than 2 million compared with 2015, according to statistics from the National Health and Family Planning Commission.
The numbers in Seoul and its adjacent Gyeonggi province came to 360 and 401 each.
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The number of such temporary outlets in the city has been cut to 37 from more than 80 in 2018 and they are all located outside the Fifth Ring Road. Also, no outlets were allowed in Beijing's subcenter in Tongzhou district. This year, 40,000 boxes of fireworks were ordered for the Beijing market, a drop of more than 46.7 percent year-on-year, according to the Beijing Emergency Management Bureau.
The number of people who lose their jobs is expected to rise starting in 2030, as new technological and economic trends deepen, according to the study's projections.
The notion of eternal love endowed with diamond rings is being gradually recognized by young Chinese, and more international luxury jewelry retailers are banking on China for their future growth, market insiders said.
The offshore renminbi, which could float freely without a daily trading band like the onshore rate, weakened below 6.93 per dollar on Monday.