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The council is considering a 26 cent tax per employee for each hour worked at companies with at least million or more in revenue. Revenue from the tax would go toward homeless services and affordable housing.

The consequences of tariffs that Trump has imposed against China and other countries were singled out Wednesday in a new report from the nonpartisan Congressional Budget Office. It said that tariffs are projected to shrink gross domestic product by 2020 and warned that further tariff hikes could stifle economic growth.

The country will remove quotas on the dollar-denominated qualified foreign institutional investor (QFII) scheme and its yuan-denominated sibling, RQFII, according to a new rule issued by the People's Bank of China and the State Administration of Foreign Exchange, which will take effect on June 6.

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The country began a campaign against organized crime and officials who shelter criminal organizations this year. The fight focuses on industries and areas prone to gang crime and organized crime that prompts the strongest public reaction.

The countries must make all-out efforts to bolster cooperation in epidemic containment and improve the overall level of public health, he said.

The contents of that letter left his family astounded, however. They had never dreamed that one day their son would be attending one of the country's top universities.

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The country has outlined a series of reform measures to better orient the NEEQ to the needs and features of SMEs and support high-quality growth of the real economy, according to the China Securities Regulatory Commission.

The cooperation memorandum, signed among local authorities, marked a fresh step taken to further boost regional integration, said Zhang Ying, chief engineer of the Shanghai Commission of Economy and Information Technology.

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The continent on its own has developed strong and effective frameworks for addressing security challenges and threats, said Neledi Pandor, minister for international relations and cooperation of South Africa, to the Security Council.

The country imported over 1.2 million vehicles last year.