Morgan Stanley has joined other global financial institutions to take advantage of the latest round of liberalization of the Chinese financial market with plans to increase investment in China.
Most companies in China registered a sign of recovery, with the projected salary increase rate for 2021 at 5.3 percent, the report said.
More time is needed for the renminbi to become a global currency, according to the report, but China's efforts to move in that direction continue apace. More of the country's cross-border trade has been settled in yuan; the renminbi has become a widely used vehicle to price financial instruments in global markets; and its inclusion in central banks' international reserves has reached a record high.
Most users feel using social media apps helps relieve life pressures and in making better choices while shopping, according to consultancy Kantar.
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Moreover, the company is banking on the livestreaming e-commerce segment, which has become a powerful sales channel for traditional industries as more consumers have switched to online shopping amid the COVID-19 pandemic. It aims to nurture 1,000 live broadcasters who are expected to sell more than 100 million yuan (.5 million) worth of products.
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Moreover, the Supreme People's Court issued the Opinions on Establishing and Improving the Working Mechanisms for the Prevention of Miscarriages of Justice in Criminal Cases, stipulating that the defendants should be acquitted for lack of evidence, and no one should be prosecuted without criminal evidence.
Most of the respondents in a survey conducted among 622 tea growing and trading companies, accounting for 10.9 percent of the total tea companies in Guizhou, said liquidity crunch, transportation difficulties after the Spring Festival holiday, lower market demand, shortage of prevention materials, rising production costs, and disruption of supply chains were the main factors preventing them from resuming work on time.
Moreover, the Supreme People's Court issued a guideline on judicial transparency, in which it ordered all Chinese courts to make more of their work procedures public. This includes information on judges, judicial reforms and legal services.
Most air purifier brands in China have focused on PM 2.5 removal to attract buyers, and sales grew and grew until last year, the report said.