Steel manufacturing cost in the period went up 8 to 10 percent, according to the CISA, mainly due to surging prices of imported iron ores, a key steelmaking raw material.
Statistics from the Sharing Economy Research Center showed that in 2017, the turnover of the country's shared accommodation accounted for 7.3 percent of the whole accommodation industry, growing at a rate of 65 percent, while the growth rate of the traditional accommodation industry was only 4.2 percent.
Starting from Thursday, the same arrangements will apply to arrivals from Ireland, the United Kingdom and the United States.
Statistics show Volvo models made in China have been exported to over 70 countries and regions, with 40 percent of vehicles at its Chinese plants sold overseas.
Standard & Poor's Global Ratings downgraded China's long-term sovereign credit rating by one notch on Thursday to A+ from AA-, citing risks due to an accumulation of debt, but analysts said the company has failed to thoroughly understand China's situation and exaggerated the risks it faces.
State Grid already operates the world's largest wind and solar farms, yet more efforts are needed to transport that supply across the country, said Han Xiaoping, chief information officer of China Energy Net Consulting.
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Stephen Roach, a leading US economist and senior fellow at Yale University's Jackson Institute for Global Affairs, said the emphasis on domestic consumption was also important but that this should not be seen as just a defense against an uncertain international economic environment.
State Councilor Wang Yong said in a keynote speech on Tuesday that China's government attaches great importance to the forum, which is seen as a dialogue platform dedicated to promoting common development through regional integration of the Asian economy since its establishment in 2001.
Starting from Chengdu, the Skyworth Express leaves China in Alataw, Xinjiang Uygur autonomous region, passes Kazakhstan, Russia and Belarus, before reaching Lodz. The journey covers a total distance of 9,965 kilometers.
Stephan Kothrade is president functions Asia-Pacific, as well as president and chairman of BASF Greater China, part of the world's largest chemical company based in Germany.