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Owing to the virus outbreak, fiscal income of local governments has fallen due to the additional spending and increased fiscal balance pressures. "But we need to guarantee the basic standards of people's livelihood, salary and entities' operation," said Xu Hongcai, vice-minister of finance.

Overcapacity in the coal and steel industries has been drastically reduced in the first part of this year.

Owing to his age, Pa Sekibo's voice was weak and his footsteps were slow. His movement inside and outside the building was aided by a walking stick, with his grandson showing him the way to go.

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Over the next 15 years, some developing countries will continue their urbanization process. A new round of technology revolution and urbanization still carries potential for economic growth in some developing countries.

Over the years, Wanxiang has acquired many firms on the brink of bankruptcy, Ni Pin, president of Wanxiang America, said, "we saved a lot of jobs."

Overall Sri Lanka received more than 2.3 million tourists last year, the highest ever recorded in history.

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Over the past week, California has seen over 8,000 new cases per day for the third time in eight days. Los Angeles County soared past 100,000 infections to 105,507 with 3,402 deaths to date.

Over the past five years, China's GDP rose from 54 trillion yuan (.2 trillion) to over 80 trillion yuan, contributing more than 30 percent of global economic growth.

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Over the past year, as the coal industry has recovered in the United States, Birtley's coal-related business has revived. Also, now the company enjoys a wider scope of operations, in particular a range of environmental projects in China.

Over the past two years, a total of 893 projects started construction, with total investment of 484.1 billion yuan, the newspaper said.