The central business district in Beijing. [Photo/Sipa]
The changes make a lot of sense.?Up until now, Amazon has been charging customers different rates in different cities, so increasing?prices for everyone at the same time will make?communicating across all markets easier. Another?silver lining is that?by?holding off, Amazon delays?finding out if customers are willing to?pay a premium for grocery delivery.
The central bank estimated that the cut will help lower the funding costs of financial institutions by 15 billion a year, which will in turn help lower the financing costs of small and micro enterprises and private companies.
The central government will offer support, and western regions should actively encourage the participation of private capital in those major projects, Li said. Some key water diversion projects in the provinces of Yunnan, Qinghai and Gansu and the Guangxi Zhuang autonomous region should be promoted, he said.
The central bank has skipped reverse repos for six consecutive working days.
The city held a bazaar on Sunday, featuring costumes, postcards, magnets and handicrafts on the theme of old buildings. The event attracted visitors from across the city to learn more about the history and culture associated with such structures.
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The change reduces the liability of e-commerce platforms to what is called "supplementary liability", rather than "joint liability".
The central government's efforts in taming the residential property market to prevent excessive speculation are beneficial to the whole industry, and will present opportunities to developers like HKR International Ltd, said a senior executive of the Hong Kong-based property developer.
The chief culprit of divorce lies in infidelity, followed by domestic violence and character difference, according to the report. Other factors include bad relationship between wives and their mothers-in-law, and property purchase. Some Chinese couples turn to divorce to avoid tax in buying the family's second house.
The city of Ulsan, where Hyundai operates five car manufacturing plants, is less than an hour from Daegu, the epicenter of outbreak in South Korea. The plants have an annual production capacity of 1.4 million vehicles, or nearly 30 percent of Hyundai's global production. Hyundai employs 34,000 workers there in the world's biggest car complex.