In August 2017, Hato claimed 10 lives in Macao and caused economic losses running into the billions. For the first time, the Macao government suspended operations at all gambling venues, effective from 11 pm on Saturday.
In 2017, the number of real estate M&A deals reached 482, up 6.4 percent from a year earlier.
In Africa, the South African government on Saturday approved essential travel for its nationals who want to return to countries where they are based.
In 2019, revenue of fixed data and internet services hit 217.5 billion yuan, with a year-on-year growth of 5.1 percent, accounting for 16.6 percent of the total telecom services revenue. Mobile data and internet service achieved the revenue of 608.2 billion yuan, up 1.5 percent from the previous year. IoT business revenue increased 25.5 percent year-on-year.
In 2017, the service sector accounted for 51.6 percent of GDP, up from 45.3 percent in 2012. Between 2013 and 2017, the service sector's contribution rate to the economic growth was 52.8 percent, much higher than agriculture's contribution rate of 4.6 percent and industry's contribution rate of 42.6 percent.
In 2019, the value added of the tertiary industry accounted for 53.9 percent of China's GDP, according to the National Bureau of Statistics. The number may increase to 70 percent or even higher.
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In 2016, the central government invested 135 million yuan ( million) to refurbish the Urumqi logistics center and help to boost export efficiency.
In August alone, the bank issued 21.1 billion yuan in loans, benefiting some 21,000 small and micro-sized companies.
In 2018, the Trump administration unilaterally imposed a 25-percent tariff on steel imports and a 10-percent tariff on aluminum imports globally, citing national security concerns. Canada retaliated with tariffs on a string of US products from bourbon to ketchup.
In 2019, US GDP growth slipped to 2.3 percent from 3 percent in 2018 amid a continuing trade dispute with China, but prospects of a deal are expected to ease recession fears in 2020 and boost domestic growth to 2.5 percent, the Conference Board said.