The president also announced that 11 billion U.S. dollars will go to the states for "the sole support of testing," as they are reopening or planning to reopen.
The program, recently launched by Walmart in Guangxi, with local hotels and catering associations, aims to attract employees unable to return to work to find a part-time job at Walmart.
The president stressed the importance of securing jobs for major groups including laid-off workers, college graduates, migrant workers and veterans.
The project is expected to dramatically lessen the power shortage, create a vast number of jobs, cultivate a batch of technicians with rich experience, and drive the development of the upstream and downstream industrial chains in Laos.
The president highlighted the close cultural and educational relations and an increasing number of tourists between China and Estonia.
The president would then proceed but would be sued, Banks said.
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The program, which will use existing funding, includes three components: direct payment to farmers of key agricultural exports; direct commodity purchases by the US Department of Agriculture; and funding to build out markets for US agricultural products.
The president called recent reports by The Wall Street Journal and Bloomberg regarding new investment restrictions, in addition to CFIUS, "a bad leak…probably they just made up the story".
The producer price index (PPI), which measures costs of goods at the factory gate, rose 5.5 percent year-on-year in May, down from 6.4 percent in April and missing expectations of 5.7 percent, according to the NBS.
The president is confronted by dire polling numbers ahead of the November 3 election, which comes as the economy struggles to recover from Covid shutdowns that have left countless families and businesses struggling.