Industrial and Commercial Bank of China Ltd, the world's largest lender by assets, reported net profit of 75.8 billion yuan ( billion) in the first quarter, up by 1.5 percent year-on-year, according to the bank's stock exchange filings. It was the bank's strongest quarterly profit growth in two years.
India imposed tariffs on 28 US products including walnuts and almonds on June 16 in retaliation for the US ending India's preferential trade status on June 1. The US imposed higher duties on products including aluminum and steel.
Industries like the internet, big data, and artificial intelligence will be further integrated with the real economy, with new growth areas and growth drivers to be fostered in medium-high end consumption, innovation-driven development, the green and low-carbon economy, the sharing economy and modern supply chains, Lian said.
In the village of Hebu, which is also called Hantang, Ganzhou Mingchen Agricultural Development Ltd Co was set up. The vegetable planter can harvest 9,500 tons of vegetables per year based on its 60,000 square meters of high-tech intelligent greenhouses and 500,000 square meters of plantations.
Increased cooperation
Industrial output, a key gauge of industrial activity in the country, rose by 4.4 percent year-on-year in the second quarter of the year, compared with the 8.4-percent plunge in the first quarter due to the novel coronavirus epidemic in China, the National Bureau of Statistics said on Thursday.
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Industry insiders say they believe the corporation plays a vital role in ensuring power supply in the fight against the outbreak.
Industrial entrepreneurs hold an even more optimistic view, forecasting the market will double in size over the same period.
In what appears to be a tit-for-tat action, Pakistan army said its air force shot down two Indian fighter jets on Feb 27 and captured one India pilot. The pilot was later released and handed over to the Indian authorities in what Prime Minister Imran Khan described as a "goodwill for peace."
In the whole year, the company achieved a contract sales of 461.8 billion yuan, an annual growth of 14.1 percent. In addition, the contract sales area rose 12.9 percent year on year to 31.23 million square meters.