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Move part of giant's effort to further innovation, boost globalization

Mortgage rates have risen considerably since the beginning of this year. In May, the average mortgage rate for first-time homebuyers reached 5.6 percent nationwide, 1.1 times the benchmark, up 18 percent year-on-year. Average interest rate for first-time mortgage applicants has been increasing for 17 consecutive months. Experts said mildly higher mortgage rates can help regulate the property market and prevent systemic financial risks.

Much of the total amount in the proposed settlement depends on the future sale of OxyContin, Purdue's signature drug at the center of the controversy. Some states have declined to join the proposed settlement because they question its valuation.

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Moscow is ready to discuss the possible visit by Putin to Washington, he added.

Moreover, AVIC plans to set up a South Africa-based service and support system for the plane, aiming to further promote the Chinese-developed aircraft and meet demands from local customers.

More than half of the buses will be cooperatively manufactured by BYD Company Ltd, one of China’s largest private automakers, and Alexander Dennis Ltd, a renowned British bus and coach maker.

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Most of such restaurants are known to prepare their low-fat, low-sugar and high-fiber foods by boiling or steaming, and then using cold dressings with sauce. Such foods are usually associated with bodybuilding, special diets, and clean eating.

Moreover, the conference will also hold a GEI technology and equipment exhibition to provide a platform for exchange and cooperation and promote project investment negotiation. With an exhibition area of more than 1,000 square meters, this exhibition will fully showcase the latest achievements and innovations in clean and green development, GEI development and other aspects.

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Moritomo Gakuen, a private-school operator, reportedly bought a 8,770-square-meter piece of land in June 2016 in Toyonaka, Osaka prefecture, for 134 million yen (1.26 million U.S. dollars), equivalent to only 14 percent of its appraisal price.

Most of the agreements are expected to be implemented by July 16, Zhu said.