Overall, 31,766 overseas brands offered goods on Alibaba's cross-border platforms during the shopping period. The gross merchandise volume for US brands reached .39 billion during the period, the largest contribution from any single country or region outside of China.
Overseas investors will be introduced in the trading of bonded copper futures.
Over the same period, the company also plans to train over 200,000 farm owners and agricultural technicians to equip them with e-commerce and other technological knowhow to jumpstart and expand their businesses.
Over the past two decades, the beans, handpicked by the likes of Zhao, have made China-a historically tea-drinking and cultivating nation-one of 21 countries in the world claiming annual production of more than 100,000 metric tons of the crop. The cultivation area in China surpassed 1.2 billion square meters in 2018, yielding 140,000 tons of beans annually, about 1.5 percent of the global total, according to the Coffee Engineering Research Center in Mangshi.
Over the years, they dedicated themselves to innovation. Inspired by electric buses running in the streets of Dalian, they developed an electric boat and hybrid boat. "[In this respect], we were the first in the world even though we were a very small company. And that's because we were in China."
Overall leverage level in China's economy has stabilized since last year, when the country actively pushed forward an orderly deleveraging process, People's Bank of China Governor Yi Gang stressed at meetings of the International Monetary and Financial Committee in Bali, Indonesia, over the weekend.
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Outstanding local government debt stood at 15.86 trillion yuan (.4 trillion) as of June 30, slightly higher than the 15.32 trillion yuan at the end of 2016, but below this year's government-targeted ceiling of 18.82 trillion yuan.
Overseas brokerage firms will also be exempted from paying income tax on commissions they earn from dealing in the new futures contracts.
Over the weekend, the number of people shot in New York City climbed to 600 on the year, according to NYPD statistics. Shootings are up 44 percent, while homicides have risen 23 percent. Still, major crimes overall are down about 3 percent on the year.
Over half of fresh graduates surveyed with education levels ranging from junior college to postgraduate, plan to work in emerging first-tier cities, according to a report released by domestic leading online marketplace 58.com.