On the back of the booming imports is China's rising middle-income group, which, with a population of around 300 million, accounts for 30 percent of the world's total. The influence has been reflected in their increasingly bigger role in driving growth and trade.
On a yearly basis, new residential housing prices in four first-tier cities declined 0.6 percent from a year ago in May, the fourth straight decline, data from the National Bureau of Statistics showed.
On Xinjiang affairs, the spokesperson stressed that Xinjiang-related issues are not about human rights, ethnicity or religion, but about anti-terrorism and de-radicalization. The United States is also a victim of terrorism and should have supported China's anti-terrorism measures, not slander China's efforts in anti-terrorism and de-radicalization.
On Tuesday, 80 billion yuan (.68 billion) of reverse repos matured, meaning that market liquidity would drop by the same amount.
On the other hand, the weather has stressed birch trees and left them vulnerable to leaf-eating insects.
On Tuesday, the ministry released a total fiscal revenue, in terms of budgeted general public income, of 5.05 trillion yuan in the first quarter, up 13.6 percent year-on-year. The growth rate almost doubled from 7.4 percent at the end of last year.
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On Thursday, the Dow Jones Industrial Average fell 128.11 points, or 0.4 percent and closed at 29,423.31. The S&P 500 slid 5.51 points, or 0.2 percent, to 3373.94. The Nasdaq Composite dipped 13.99 points, or 0.1 percent, to 9711.97.
On the first point, the letter (PDF) takes?the unusual step of urging Amazon employees not to work so hard. Writes Varghese?in the letter …
On Thursday, over 70 protesters were arrested in Manhattan, while over 200 were arrested on Friday night mostly in Brooklyn after violent acts toward police occurred.
On Wednesday, US lawmakers reached a bipartisan agreement on the emergency bill to help fund efforts to contain the virus. The bill garnered enough votes to pass in the House of Representatives. More than billion would be devoted to research and development of coronavirus vaccines, test kits and therapeutics, according to the bill.