The modest decline in US economic growth came amid uncertainty created by the continuing US-China trade dispute that has disrupted supply chains and curtailed business investment. The slowing global economy also crimped US growth, the Commerce Department said.
The move, he said, would help revive the Indian economy that at present is hit by the COVID-19 pandemic.
The most costly of the projects would be the inter-city railroads in Jiangsu Province, expected to require 231.7 billion yuan.
The multi-manager fund, launched by Hywin Capital Management LLC, is targeting 8 to 15 percent annual returns with minimal drawdowns, according to Gib Dunham, Managing Director and the Portfolio Manager of the fund.
The move is part of the New York Stock Exchange-listed 58.com's broader efforts to provide reliable property purchasing information and a superior service for new home buyers.
The move is designed to provide a better fit with nation's relaxed family planning policy.
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The nation's rural residents saw a faster growth in per capita consumption expenditure than urban residents, with a growth of 12 percent to 8,538 yuan, while the per capita consumption expenditure of urban residents was 19,014 yuan, an increase of 6.5 percent.
The moving population has generated demographic dividend during the past decades, as a large amount of surplus of labor in rural China moved into the cities to create wealth for both their own families and society, said the report.
The move comes following undercover investigation work carried out by the UK charity Elephant Family that exposed an emerging illegal trade in Asian elephant skin.
The move is kicking off the final sprint toward 5G commercialization, meaning that global mobile carriers, telecom equipment suppliers and device makers can now work together to build a standalone 5G network.