The electronics and optical communication equipment manufacturing industry in China is likely to see pressure in the short term as the novel coronavirus outbreak might have an influence on the normal production of related companies in Wuhan, capital of Hubei province, but the impact will be temporary, said industry insiders.
The epicenter was monitored at 23.35 degrees north latitude and 121.85 degrees east longitude, at a depth of 15 kilometers, the CENC said.
The establishment of the Xiongan New Area is "the latest step in China's efforts to cure severe ‘urban ills', such as traffic congestion and air pollution in Beijing by curbing the capital's population growth and moving certain nonessential facilities, including manufacturing and logistics, to nearby regions," says a report from Press Trust of India.
The establishment of the tourist village was also part of the effort to help drive employment of local residents. As of June, more than 200 people from over 80 local surrounding households were employed in the village.
The enhanced security measures also extend to greater supervision of food safety at canteens in schools and restaurants situated in the surrounding areas.
The effort on B10 will likely exert a significant influence on the country's energy security while lifting the city's disposal capacity of kitchen waste, the company said.
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The epidemic had its impact on China's economy, resulting in 6.8% contraction in the first quarter compared with the same period last year. It was actually the first quarterly contraction since 1992.
The event was attended by several hundred guests, including former floor traders and other market participants.
The draft law basically maintains the current resource tax framework and rates formulated after a reform to levy such tax on most resources based on prices instead of quantities, the statement said.
The epidemic control measures that were put in place gave him more confidence in China and the Chinese people. "We are thankful to these unbreakable people, especially doctors, nurses, engineers, military and educational institutes," he said.