In the same period last year, banks saw a net forex settlement deficit of .8 billion, Wang said at a press conference.
In the past decade, patent applications filed by Chinese companies with the EPO have increased sixfold.
In the political domain, China has created a model that can be summarized as "selection+election". Selection is largely based on meritocracy, and Zhang firmly believes this model is superior to the Western model of relying on popular elections.
In the meantime, new energy vehicles started to appear in the used market.
In the second stage from 2035 to the middle of the 21st century, the CPC will, building on having basically achieved modernization, work hard for a further 15 years and develop China into a great modern socialist country that is prosperous, strong, democratic, culturally advanced, harmonious, and beautiful, according to the plan.
In the past few years, China has seen increasing demand for private butler services, according to Thomas Kaufmann, dean of the International Butler Academy of China. According to the 2017 Hurun report, the amount of families across China whose assets exceed million has reached 4.6 million by the end of last year, and the number will grow in the coming years. Meanwhile, property developers also want to provide more value for money amid a market slowdown.
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In the near term, China's economic prospects will depend on the resilience of domestic demand in the presence of increased uncertainty and on developments in the external environment, including the recovery of major trading partners, the analysts said.
In the initial years of the Heisei period, Japan's economic status was that of the world's second-largest economy and Asia's only economic power. But this started to fade with the collapse of the "bubble economy" in the early 1990s, and the country's self-confidence ebbed in the ensuing "lost decades"-around 20 years of economic stagnation.
In the past two years, through bilateral and multilateral channels, the Chinese embassy in Kenya has invited more than 1,000 Kenyan officials and technicians to China to participate in short-term training. It also has funded 70 local students to study for master's and doctoral degree programs at famous universities in China.
In the meantime, improved production efficiency reflects progress being made in implementing supply-side reform, according to Cheng.