Medical workers in protective gears walk into a hospital facility to treat coronavirus patients amid the rise in confirmed cases of coronavirus disease (COVID-19) in Daegu, South Korea, March 8, 2020. [Photo/Agencies]
Medha Samant, Fidelity International's investment director for Asian equities, said the Chinese stock market presents relatively low valuations now, making its returns the best in Asia. Rising domestic consumption in China will be a major pillar of the country's economic growth, she said.
Meanwhile, the global smartphone sales growth only rose 0.1 percent from a year earlier to 408.4 million units.
Meanwhile, the growth pace of price indices for new and resold homes in second- and third-tier cities witnessed a marked decrease in 2019, the report said.
Merchants are busy joining the fray. Hospitality giant Hilton has rolled out a number of discount offers across accommodation, catering and even laundry services nationwide, as the company pins hope on a gradual pickup in demand as the outbreak has showed signs of easing, at least within China.
Metropolitan areas, which attract people, technology and generate industry, represent the future of the country's property market rather than single administrative divisions, real estate developer China Fortune Land Development said at a recent press conference.
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Meanwhile, the operation of the enterprise at full capacity has also promoted the stable employment of more than 200 local staff members.
Meituan Bike (formerly Mobike) said the number of shared bike rides on the Chinese mainland had surged by about 86 percent from Feb 24 to Feb 28 compared with two weeks earlier.
Mexico's GDP is forecast to expand by 2.5 percent this year, but any change will tend to head downwards.