The central government has planned a fiscal budget deficit of about 3.76 trillion yuan this year. China's deficit-to-GDP ratio is projected at more than 3.6 percent, while the IMF estimated the global average fiscal deficits will more than double to 9.9 percent of GDP this year from 3.7 percent in 2019.
The central bank pledged a "patient and flexible" approach to future policy tightening moves, as a way to "manage risks while assessing incoming information bearing on the economic outlook," according to its latest meeting minutes released on Wednesday.
The center's executive director Anna Lai said she hoped the survey would help the Hong Kong society realize the change in social structure and the fact that "cross-border couples and their children have become important stake-holders in Hong Kong's economy and society."
The circular asked for innovative ways to promote the law to foster a strong environment in society for the law to be respected, learned about, observed and applied.
The city's search and rescue center rescued 113 people last year, saving both lives and assets. The center mobilized 13 vessel trips and six air flights in 21 emergencies, securing a 99.1 percent success rate, the center said.
The children, all surnamed Chen, were living on their own as their parents were working elsewhere.
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The central government has unveiled a raft of measures to shore up the job market amid the novel coronavirus pneumonia outbreak, with experts urging stronger support for small and medium-sized enterprises and workers employed on flexible terms.
The center, based in Washington DC, describes itself as a nonprofit, nonpartisan research group. It tracks the impact of money and lobbying on elections and public policy.
The central business district in Beijing. [Photo/Sipa]
The central bank may take advantage of targeted reserve requirement ratio cuts and some other tools to facilitate financing of private, small and micro enterprises, said Wang Shengzu, co-head of Goldman Sachs' Investment Strategy Group Asia.