In 2016, China became the world’s second-largest beef importer behind the US, importing 800,000 metric tons worth .6 billion. Chinese reliance on imports grew in 2017, when beef consumption rose by 4 percent, outstripping domestic production, which increased by just 1 percent.
In 2001, Hodo was successfully listed. Its sales surged from 6 billion yuan in 2003 to 50.3 billion yuan in 2015.
In 2014, the tea quality and supervision testing center at the Ministry of Agriculture and Rural Affairs recognized that the shape, color, aroma and taste of Tonghua tea, which Qu produced, were all of high quality.
Imran Khan, chairman of Pakistan Tehreek-e-Insaf (PTI) party, speaks during an event in Islamabad, capital of Pakistan, on Aug. 6, 2018. Pakistan Tehreek-e-Insaf (PTI), or the Movement for Justice party, on Monday formally nominated its chief Imran Khan as the candidate for the office of the prime minister, party officials said. [Photo/Xinhua]
In 2015, it picked up a 57 percent stake in Tongyang Life Insurance of South Korea.
Images of North Huting Road in Shanghai before and after the three-story house was demolished. [Cao Lei/For China Daily]
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Ikea announced on Friday that it would continue to offer a full refund for anyone wishing to return a Malm dresser purchased in China, placating concerns that Chinese consumers were being treated differently than their Western counterparts.
In 2005, two-year and 10-year yields inverted ahead of a recession. In the past 50 years, a recession — two consecutive quarters of negative growth — has followed a yield-curve inversion within 18 to 24 months.
In 1949, Chinese people's human rights were gravely threatened by poverty, poor health conditions and lack of education. In the early 1990s, the central government decided to prioritize improving basic livelihoods and development rights by promoting poverty alleviation as well as providing better healthcare and education, Xu said at the forum at Jilin University in Changchun, Jilin province.
In 2001, Leng Youbin, chairman of Feihe Dairy, led the firm out of the administration, agreeing to accept the factory's debt of 14 million yuan (.01 million). He and the team have since taken advantage of China's growing wealth, and helped rejuvenate the Feihe brand with a market-focused mindset.