In June, the National Bureau of Statistics released a report showing that the growth of the migrant worker population had slowed last year for the first time since 2015. There were 288.3 million migrant workers in 2018, indicating slower growth — 0.6 percentage points year-on-year.
In Deal's eyes, the COVID-19 pandemic is unlikely to reverse the trend of globalization as it has been a powerful force for growth and development, while the new challenge is how to quickly balance the benefits of globalization and manage the potential consequences. "This is the new normal for our industry and for our world."
In June, about half the Fed governors said lower interest rates would be needed in the second half of the year and about half saying rates should remain steady. Those advocating lower rates apparently see little risk to cutting rates because inflation is low, but others believe the softening in the economy doesn't yet warrant a rate cut.
In December, local governments issued bonds worth about 37.99 billion yuan.
In China at present, just 5 percent of vehicle bodies are aluminum. That compares to the more developed markets of North America and Europe, where the proportion is between 12 percent and 15 percent, presenting a huge opportunity for Novelis, a world-leading supplier of aluminum sheet to the automotive industry.
In China, Spring Festival is usually a time for reunions with relatives and friends. But during the holiday this year, National People's Congress Deputy Song Xinfang locked himself in his room and refused any invitations to dinner.
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In Japan, confirmed cases reached 919 on Friday with eight deaths and 52 in critical condition, according to Japanese broadcaster NHK, as reported by China News Service. Among the infected patients, 705 are passengers from the Diamond Princess cruise ship.
In China, the benchmark Shanghai Composite slid into bear market territory Tuesday, closing more than 20 percent below its recent high in January.
In Guian New District, Guizhou province, one of the country's five pilot zones, a brokerage firm for green securities, where companies will need to pass environmental inspections before they get listed or re-financing, is now in the planning.
In China, they can be seen in the alpine areas in southwestern and northwestern regions including Tibet, Sichuan, Xinjiang, Gansu and Inner Mongolia.