Those measures, worth over 120 billion Hong Kong dollars (around 15.5 billion U.S. dollars) in total, include 10,000 Hong Kong dollars of cash handout for each permanent resident, reduction of income tax and salaries tax, and reduction of rental and fees for tenants of government properties.
This year, the sustained pullback on the manufacturing PMI and profits of industrial enterprises will surpass industrial activity; the adverse effects from trade tension between China-US will incarnate next year; although the tax reduction policy will support the consumption, the long-term home loan will restrict the consumption to expand, Su said.
Those international funds attach more attention to potential investment opportunities in the long run, and they are more reasonable about the investment return with the economic growth slowdown, according to Savills' report.
This year, one of the most influential guests is Peter Englund, a member of the Swedish Academy, the institution that decides on the laureates for the Nobel Prize in Literature.
This was followed by The Climbers, which raked in around 540 million yuan as of Thursday. The film tells the story of a Chinese mountaineering team who reached the summit of Qomolangma — known as Mount Everest in the West — by way of the North Slope in 1960.
This year marks the 40th anniversary of the launch of reform and opening-up, and Kriengsak said China's lesson can be useful for others, as the world's second-largest economy - despite the sheer size of its population - has been able to continue to grow in a fast and modern pace in the past decades.
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This year, China came up with the idea of extending the partnerships of BRICS and widening the circle by inviting other developing countries under a new banner, BRICS Plus.
This unique method of making noodles dates back to 1504, according to Chinese records.
This year, a large amount of money in other industries is expected to enter the emerging internet technology sector, Zhang said.
Thom Brooks, dean of the law school at Durham University in Britain, said: "My sense is these laws can be very difficult to enforce, which may help explain the substantial penalty for breaking these laws. Part of the difficulty will be simply in identifying those who are covering their faces."