The contribution of Europe and North America to global growth, the OECD said, will "remain smaller than their weight in the world economy." In the United States, the GDP is expected to contract by 3.7 percent this year and the eurozone will witness a 7.5-percent contraction.
The coronavirus outbreak will have an impact on the world-leading food company Danone's sales and margins in the first quarter, which the company currently estimates at around 100 million euros in lost sales, mostly in its water businesses.
The country is gradually lowering the proportion of coal in its energy system to make room for clean fuels, from natural gas and solar energy to hydropower. Coal will account for less than 58 percent of energy consumption in 2020, down from the current 60 percent or more.
The country has gained momentum in 5G development. China has said earlier that it eyes pre-commercial operation of 5G this year and large-scale commercialization by 2020.
The country usually trades with China via Muse, Lweje, Kanpikete, Chinshwehaw and Kengtung border points.
The country added 4.59 million urban jobs in the first four months, with total imports and exports up by 4.3 percent year-on-year and its foreign exchange reserves remaining above trillion.
辽宁省沈阳甲状腺结节偏大治疗
The country will focus on economic stability in 2020, maintaining its proactive fiscal policy and prudent monetary policy to ensure high-quality growth, a statement issued after the annual Central Economic Work Conference said on Thursday.
The country aims to grow the country's core AI industries to over 150 billion yuan (.15 billion) by 2020, 400 billion yuan by 2025, and 1 trillion yuan by 2030.
The construction in the Shenzhen Sports Center that was being dismantled collapsed at about 11:40 am, trapping four workers, according to the government of Shenzhen's Futian district.
The cooperation between Volkswagen and Gotion has created a new model for the development of China's new energy automobile industry, and will further enhance the competitiveness of Gotion in the global battery industry, said Li Zhen, president of Gotion.