Students from Fujian Agriculture and Forestry University are awarded the best IoT design prize at the 2018 TIIC-National Undergraduate IoT Design Contest in Wuxi, Jiangsu province on Sept 16. [Photo by Xiao Da/chinadaily.com.cn]
Student volunteers from the University of Science and Technology Beijing provide translation services at the New China International Exhibition Center in Beijing on March 25, 2020. [Photo by Zou Hong/China Daily]
Still, sales and profits have remained weak. For the fiscal fourth quarter ended Feb 1, sales at stores opened at least a year dropped 4.7 adjusted for the exit of appliances. Profits were down 64%.
Students from the Minzu University of China introduce their tie-dye work to judges and the audience at the first "Beijing-Tianjin-Hebei and Guangdong-Macao-Hong Kong" youth innovation and entrepreneurship competition held last month in Beijing. [PHOTO BY CHEN MEILING/CHINA DAILY]
Sticking to the old path could result in a new round of shutdowns and even layoffs as the supply-demand gap is further enlarged. Capacity utilization can only be raised sustainably when there is adequate market demand.
Still, the index remained comfortably above the 50-point mark that separates growth from contraction, with numbers above 50 indicating expansion.
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Such a policy stance is crucial for China as it has to juggle the task of financial deleveraging, aimed at defusing risk and curbing asset bubbles, while shoring up a slowing economy.
Such factors should not result in significantly higher prices in the second half of the year, and the full-year result will be within a reasonable range, analysts said, adding tit-for-tat tariffs and accelerating trade disputes between China and the US will have limited influence on prices.
Studies should be carried out with a spirit of openness, inclusiveness, exchange and mutual learning, he said.
Such administrative measures, and a series of lawsuits, have exposed the lack of clear legal protection for sports broadcasts, according to a seminar in Beijing hosted on Friday by the National Copyright Administration of China.