George Magnus, a research associate at Oxford University's China Centre, said abandoning the target will be welcomed by economists.
Global consultancy KPMG said in a recent report that 51 percent of the 1,027 Chinese respondents in a survey considered high cost as the top priority when they make a purchase decision.
Given rising challenges at home and abroad, China has intensified efforts to defuse major risks with debt control as a top priority. Rigorous measures were adopted to curb shadow banking and regulate local government debt.
George’s LinkedIn profile now lists him as “retired” with one of the nerdiest farewell messages ever: a long post in binary code that translates to, “Retired from Amazon after ~20 years. Loved every minute. Not checking out, just changing the game :-)”
Giant pandas live mainly in the mountains of Sichuan and neighboring Shaanxi and Gansu provinces. Due to habitat loss and very low birthrates, only about 1,800 still live in the wild, while some 300 live in captivity.
Georgina Dent wrote on Mamamia, an Australian opinion and lifestyle website for women: "Yes, I breastfeed my infant daughter while texting. I am also guilty of branking. Of bremailing. Of bracebooking. Of branstagramming. Of brweeting. Of breading."
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Getting rid of animal waste is a major headache for livestock producers worldwide, partly because of the strong odour and damage caused to the atmosphere by the release of harmful gases. Run-off containing animal wastes can also seep into the water table and contaminate rivers and lakes.
German auto parts supplier Continental AG has estimated China's light vehicle production will decline 15 percent this year due to the COVID-19 pandemic, but it will grow in the mid-to-long term to account for 25 to 30 percent of the global auto market.
Get your best walking shoes ready, load up on the Emergen-C, and pack extra batteries — it’s time to go to CES.
Global pressure mounted on Saudi Arabia. British billionaire Richard Branson said his Virgin Group would suspend its discussions with Saudi Arabia's Public Investment Fund over a planned billion investment in the group's space ventures, while a number of media companies pulled out a planned Saudi investment conference.