On Tuesday's interbank market, the overnight Shanghai Interbank Offered Rate, which measures the cost at which banks lend to one another, rose by 21.5 basis points to 2.328 percent.
On the US decision to suspend reciprocal tax treatment on shipping with the HKSAR, the spokesman was quoted as saying in the press release, "Should the Agreement between Hong Kong and the US be terminated, for the US companies, they would need to pay taxes to both the US and Hong Kong governments, whereas Hong Kong companies will be required to pay tax to the US government only, as their shipping income are exempted from tax liability in Hong Kong..."
On a month-on-month basis, the sub-index for production gained 0.6 points to 53.2 in December, signaling faster expansion, while that for new orders fell slightly to 51.2.
On average, the respondents' monthly driving mileage this year was 18 percent less than in 2018 and their visits to dealers fell 17 percent to 2.8 times this year from 3.4 times last year.
On Thursday, the HKSAR government handed out a record 687 awards in its 2020 honors list — the most since the system’s launch in 1997, eclipsing the previous high of 444 in 2009. The government said it handed out an “exceptionally large” number of honors this year — to recognise those who have been combating the violent protests and COVID-19 pandemic over the past year.
On the other hand, compared with capital-and technology-intensive industries, the labor-intensive services sector always has lower productivity, which will average down the potential growth rate of the whole economy. And this effect will gradually increase along with the expansion of the services sector's share.
天津港式茶餐厅设计装修
On World Reading Day, which fell on Monday, Nbooks Club started a two-day spring fair atop Nanshan Mountain in the southwestern municipality's Nan'an district. The fair includes book sales, reading salons, handicraft exhibitions, flowers, food and drinks.
On the other hand, a lack of social connections on the mainland and being separated from families were cited as major obstacles to making a move.
On Tuesday, Taiwan leader Tsai Ing-wen said she will not be intimidated by the military drill, calling the exercise "a threat to Taiwan" and an act of "coercion", the island's media reported.
On Wednesday the size of the search was increased to around 400 personnel.