Yawning income gaps are one reason, Thorndike said.
Yan Xiang, a researcher with Guosen Securities, said the Cabinet meeting conveyed a message on monetary easing that is intended to further cut the financing cost of all businesses.
Yan was last seen at noon on Feb 14 at King's College London by a friend.
Yan said securities regulators will learn from the experience of the scitech innovation board, which piloted registration-based reform, and pushed through reforms of the two submarkets. The reforms will help make financing more inclusive to small businesses and high-tech companies as capital markets could satisfy their financing needs more efficiently than the banking system.
Xu said he expects the current deal to have similar synergy like HBIS. Six months after the Chinese firm took over the ailing steelmaker, its Smederevo plant, currently named HBIS Group Serbia Iron & Steel, has turned the corner and emerged as Serbia's second-largest exporter. It produced 1.4 million metric tons of steel in 2017, with its profit hitting a record 200 million yuan that year.
Yang said more people have received higher education in recent decades and so the country's labor quality has obviously improved. As a result, more people are qualified for jobs in tertiary industries.
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Yang Kewei, an analyst with CRIC China, a realty information provider, said that the market heat of key cities is now shifting to lower-tier cities, and it is likely that their key regions will heat up next.
Yao Wei, president of Hangzhou-based Transfar Zhilian Co Ltd, said that manufacturing companies nowadays have a more specific demand for digitalization with the advancement of emerging technologies such as 5G, big data, and artificial intelligence.
Xunyang county said on Tuesday that police received a tip-off at the end of 2016 that a resident had bought a large amount of fake cigarettes and sold them for profit.
Yang emphasized that China has paid special attention to supporting digital construction in rural areas. Fiber optic internet connections and 4G are available in more than 98 percent of villages.