The central government has planned a fiscal budget deficit of about 3.76 trillion yuan (0 billion) this year, an increase of 1 trillion yuan from last year. The deficit-to-GDP ratio is projected at more than 3.6 percent, compared with 2.8 percent last year.
The central parity rate of the Chinese currency renminbi, or the yuan, weakened 165 basis points to 6.8957 against the US dollar Monday, according to the China Foreign Exchange Trade System.
The city has seen large-scale protests across the city in the past week. This included obstruction of public transportation and major roads, violent clashes with police in multiple locations, and unlawful demonstrations in the airport which forced all flights to be canceled after 3:30 pm on Monday.
The city's education head also stressed that moral and legal considerations should be taken into account when people exercise freedom of speech.
The center suggested that people should reduce outdoor activities or work during the afternoons. In addition, preventive measures should be taken to avoid direct sunlight.
The checks will include 38 companies that were found to have a relatively large number of problems last year, 40 vaccine producers and 28 producers of blood products, the administration announced on June 5.
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The circular, or recycling, economy is a popular concept, but so far there have been few successful examples around the world. Therefore, it's little wonder that many developed countries have seen piles of trash growing since China announced that it will phase out imports of waste materials by the end of the year.
The central government listened to views concerning the legislation on June 3 from a delegation from Hong Kong led by Chief Executive Carrie Lam Cheng Yuet-ngor.
The city has also seen burgeoning development in emerging industries, including optoelectronics, environmental protection, new materials and new energy vehicles.
The city government of Maoming, South China's Guangdong province, donated 100,000 masks to its sister city, Sittard-Geleen in the Netherlands, on Saturday to help quench the shortage amid the COVID-19 epidemic. In February, Maoming received a message from Sittard-Geleen delivering support and best wishes in the fight against the epidemic. [Photo provided to chinadaily.com.cn]