It was the first contraction since July 2016 and the weakest PMI reading since February 2016 when it came in at 49. In the meantime, the construction industry's prosperity has rebounded significantly, with the subindex measuring business activity standing at 62.6, up 3.3 percentage points from the previous month. The subindex for new orders reached 56.5, remaining stable after a third consecutive monthly rebound, which showed that real estate and infrastructure provide support in the short term.
It took the general contractor, Shanxi Electric Power Engineering Co Ltd under the China Energy Engineering Group (Energy China), several months to locate a site for the project, which was originally scheduled to kick off construction in September 2018, in the county of Hoa Hoi, Phu Yen Province.
It was the first time that web shoppers outspent in-person gift-seekers on Black Friday, making it the second-largest online spending day in US history, behind last year's Cyber Monday.
It was first introduced in 2014 to better reflect the job market and serve as a supplement to the registered urban unemployment rate compiled by the Ministry of Human Resources and Social Security.
It said that those who discharge or dump harmful waste, such as radioactive waste, or waste containing infectious pathogens or toxic substances, in the Yangtze River Economic Belt, or who discharge harmful waste into designated major rivers and lakes, will be severely penalized.
It surged to a record .6 billion in 2016, triple the amount of 2015. Chinese investment has supported about 104,000 jobs in the United States.
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It should be noted that the 2.9-percent coupon rate is lower than the 5.27 percent for the company's securities with similar maturities, and such low-cost financing is common among anti-epidemic-themed bonds, said Zhou Guannan, chief fixed-income analyst with Hua Chuang Securities.
It will reduce standard coal consumption by up to 13,200 metric tons and substantially reduce emissions of carbon dioxide and dust, the company said.
It submitted the death penalty affirmation to the Supreme People's Court, the country's top court, for a review because Chinese Criminal Procedure Law stipulates a death sentence can be carried out only when getting an approval from the highest court.
It will be located in the economic and technological development zone of the city, and will include a 46,000 square-meter workshop, and a 20,000 square-meter warehouse, the company said.