Tourists buy goods at a duty-free shop in Sanya, Hainan province, on Oct 4. [Photo/China News Service]
Tommy Wu, a senior economist at Oxford Economics, said that "holiday economy" will undoubtedly stimulate China's domestic consumption, benefiting home and international brands and hotel groups.
Tourists shop at a duty-free shopping mall in Sanya City, south China's Hainan province, Oct 5, 2020. [Photo/Xinhua]
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Tokyo has said that it is in close coordination with Tehran amid ongoing tensions in the Middle East following the United States pulling out of a 2015 international nuclear accord and slapping fresh sanctions on Iran.
Trading links between Hong Kong, Shanghai and Shenzhen were significant steps, enabling foreign investors to buy A-shares with fewer restrictions than previous regimes. A connection of the mainland and Hong Kong bond markets is in the pipeline.
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Total foreign trade volume reached 13.14 trillion yuan H1, up 19.6 percent year on year, the quickest pace since the second half of 2011.
Touted as the largest online entertainment platform for Generation Z-those born between 1990 and 2009-the company said in its IPO prospectus that it aims to enrich the everyday life of the younger generation in China with an ever-growing supply of creative content.
Total outstanding PSL loans in the first three months amounted to 3.54 trillion yuan.
Tom Waters from the state of Missouri believes Trump is "getting blamed far more than he should be for how he handled things."