From the economic perspective, those businesses, particularly small and medium-sized enterprises, hold a great amount of social capital, such as the networks of clients, management skills and brands. Therefore, transfer payments to the hard-hit businesses will help retain the existing social capital, helping the economy to recover swiftly.
From January to March, Moutai achieved sales revenues of 24.4 billion yuan, up 12.76 percent year-on-year. In the period, its net profit reached 13.09 billion yuan, growing 16.69 percent year-on-year, according to its latest earnings.
From conducting its debut flight to obtaining airworthiness certification, an aircraft model needs to undergo more than 1,000 tests, including those related to high temperatures, high humidity, extreme cold, strong crosswinds, its minimum liftoff speed and stalling, according to COMAC.
From January to May, China's nonfinancial overseas direct investment in BRI countries increased by 16 percent from a year earlier, which was 21.3 percentage points higher than the overall ODI growth, although the COVID-19 pandemic dealt a major blow to the global economy, said the EY report.
From a humble, one-table hutong eatery, to a rooftop terrace in the upscale Sanlitun area, Akatoao is firing up Beijing's foodies with its cool twist on barbecue.
Frequent and strong precipitation caused severe damage, according to the provincial department of emergency management. The strong rainfall caused flooding in cities and townships, and geological disasters such as landslides.
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From Sunday night to Monday night, heavy rains and rainstorms are expected to hit parts of Heilongjiang, Jilin, Liaoning, Guizhou, Guangxi, Yunnan and Tibet, as well as areas south of Yangtze River, the National Meteorological Center said.
Fourth phase to enhance Guangzhou's role in Belt and Road, Greater Bay Area
France and Germany are now imposing tests on arrival for travelers from "at risk" countries, the US included.
From the late 19th to the early 20th century, the Huangpu River was where shipyards, factories, warehouses and banks sprouted, fueling Shanghai's transformation from a sleepy backwater into a vibrant trading hub.