Interest rates for loans vary based on the duration.
Instead of bringing in top employees in various fields, the underdeveloped regions should focus more on those who can support local pillar industries, he said.
Innovation to underpin integration as model aims to set global example
Investment in the primary industry went down 0.6 percent year-on-year, while that in secondary and tertiary industries rose 2.9 percent and 7.4 percent, respectively.
International airports vie with each other to attract more transfer passengers as it brings in more revenue due to higher demand for catering services, duty-free shopping and other related services. From the administrative perspective, it generates more money via aircraft parking and other service usage fees.
Investigators believe the MAX's automated anti-stall device, called Maneuvering Characteristics Augmentation System (MCAS), erroneously pointed the nose of the planes down to avoid a midair stall and into a fatal plunge. Boeing has updated the system's software, but the FAA has not yet approved it.
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Initiated in 2012, the RCEP brought together 10 member countries of the ASEAN and their six trade partners in the region, including China, South Korea, Japan, India, Australia and New Zealand.
Investment bank Morgan Stanley raised its forecast last week for China's growth to 6.6 percent from 6.4 percent. It said China will continue to clean up its financial sector and curb credit expansion to bring financial risks under control and resort to "counter cyclical" measures that are unlikely to derail growth, according to a South China Morning Post report.
Initiated by the Tomato Art School, a forum themed on holistic education wrapped up on Nov 19, attracting representatives from a dozen quality education providers in China including GymChina Education, Tosee Art Education and The Creative Tribe.
Investment bank Jefferies, however, said the impact on the car market as a whole could be minimal, as most global car companies have been locally producing in China with most of their popular models.