In 2020, relative to the IMF's January World Economic Outlook, fiscal deficits are expected to be more than five times higher in advanced economies and to more than double in emerging market economies, leading to an unprecedented jump in public debt of respectively 26 and 7 percentage points of GDP.
In 2020, China's total coal consumption will reach 3.86 billion tons and coal's share in total primary energy consumption will fall to 55.3 percent, achieving the mandatory 2020 consumption upper limits of 4.1 billion tons of coal and a 58-percent share set forth in the 13th Five-Year Plan, according to new research findings of the China Coal Cap Project.
In 2017, Gui left Carlyle and established his own PE firm, JG Investment.
In August, a resident posted a message noting that people who relocated from rural areas and are accustomed to working in the agricultural sector find it difficult to adapt to new forms of work. He suggested that the government should encourage these people to find jobs in animal husbandry or to cultivate land in the urban areas.
In 2018, passenger throughput growth of major cities' airports was less than 10 percent year-on-year, while the growth rates of a number of third - and fourth-tier cities' airports were higher than 20 percent, the data showed.
In 2017, the government expects to receive 2.1 million tourists from China, higher than last year's figure of 1.43 million Chinese tourists, said the minister.
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In 2016, the International Monetary Fund added the Chinese yuan into its basket of reserve currencies.
In 2019, the index averaged 823.53, up from 817.8 points for 2018.
In 2017, the total value of the list of BrandZ Top 100 Chinese Brands hit record levels, growing 6 percent to reach 7.1 billion in brand value, and Yili Group was listed as one of the top 100 most valuable brands.
In 2019, China established Belt and Road energy partnerships with 30 countries, the document said.