Early this year, China watchers expressed concerns that the country's economy might start to weaken in the second quarter. However, the latest data from the National Bureau of Statistics show such concerns were unfounded, and the world's second-largest economy remains resilient.
That the evolution of the supply side lags behind that of the demand side is the hard nut to crack for China's economy to develop in a healthy manner.
AS OF SATURDAY, 11 provincial regions, about one-third of the total, had raised their minimum wage this year. But the average growth rate of about 5 percent is a record low in recent years. Gmw.cn comments:
URBAN PATROL OFFICERS IN NANCHANG, East China's Jiangxi province, have impounded a total of 26,000 short-time hire bikes illegally parked on the city's streets. Beijing Youth Daily commented on Monday:
A BUSINESS in Zhongguancun, a technology hub for startups in Beijing, which offered capsule-like rooms on a short-term basis, has been ordered to suspend operations, raising questions about the future of such hotels. Beijing News commented on Monday:
The first round of a comprehensive economic dialogue between China and the United States will be held on July 19 in Washington under the co-chairmanship of Chinese Vice-Premier Wang Yang, and US Secretary of Treasury Steven Mnuchin and Secretary of Commerce Wilbur Ross. It will be one of the many first rounds of future dialogues, which also include those on law enforcement, cybersecurity, and people-to-people and cultural exchanges.
Article 19 of the General Rules of Civil Law says: "A minor attaining the age of 8 is a person with limited capacity for civil conduct (or limited disposing capacity), who shall be represented by his or her statutory agent in performing juridical acts or whose performance of juridical acts shall be consented to or ratified by his or her statutory agent, but may alone perform juridical acts which purely benefit the minor or are commensurate with his or her age and intelligence."
China has established an institutional old-age insurance framework covering workers and residents. The employees' basic pension insurance system combines social funds and personal accounts for 380 million workers nationwide. It has also established a basic old-age insurance system that covers 500 million urban and rural residents.
After US President Donald Trump said he would pull out of the Paris agreement on climate change, French President Emmanuel Macron replied that he was on a mission to "make our planet great again", a play on Trump's catchphrase, "Make America Great Again".
The two-day National Financial Work Conference, which ended in Beijing on Saturday, made containing financial risks one of the country's top priorities.
India has repeatedly ignored China's calls for it to withdraw its troops that crossed the Sikkim section of the border and entered Chinese territory.
|
|
|
|
|
|
|
|