In the first half of 2019, Xinjiang recorded a fixed-asset investment of about 184 billion yuan, up 7.3 percent year-on-year, according to an economic performance report issued by the regional government.
In the US, the S&P 500 index and Nasdaq shed 1.65 percent and 1.96 percent respectively on Tuesday, which were both the largest daily decreases since March 22. The Dow Jones index dropped 1.79 percent, which was the most significant daily decrease since Jan 3.
In the coming five years, China is expected to import trillion of goods, and make 0 billion of outbound investment, said the president, adding that Chinese tourists will make 700 million overseas visits.
In the first quarter, government departments pushed forward high-quality growth, deepened supply-side structural reform and carried out positive fiscal policy and stable monetary policy, the statement said. Main macroeconomic figures were in proper range, and reform and opening-up was pushed forward continuously, it said.
In the future, he plans to renovate the factory and turn it into a hotel for young talents seeking work here.
In the first half of this year, exports of Chinese products such as automobiles, construction machinery and equipment for mining, oil drilling and power industry grew nearly 7 percent year-on-year to 3.5 billion, according to the China Machinery Industry Federation.
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In the first half of the year, China's tax and fee cuts totaled over 1.5 trillion yuan (about 6 billion).
In the face of unprecedented challenges brought by the COVID-19 pandemic, the global economy is in crisis, and world economic output projected to shrink by nearly trillion this year.
In the election, U Myint Swe and U Henry Van Thio remained as the first and second vice president respectively, according to their votes received.
In the first seven months of this year, about 128 million tons of backward coal production capacity were forced out of the market, reaching 85 percent of the annual target, data showed.