The report by the European Economic Advisory Group warned of the internal struggle among European Union member states over the growing divergence in both economic performance and support of common governance structure, such as the Brexit and rising populism.
The regulator stepped up inspections on financial institutions last year to ensure their forex businesses complies with laws and regulations, the report said.
The report found existing online product recommendations received by consumers are far from personalized. They are based on consumers' previous online search topics or shopping history but fail to indicate new items consumers would be interested in.
The report also said that China faces a major challenge in balancing growth stabilization and economic restructuring this year. "The government has had to repeatedly rely on investment and monetary supply increases to achieve its pre-set growth target," it said. "This year, China will still have to balance achieving the growth target, restructuring and reform, and it will become more challenging and difficult."
The report also stated that nine countries, including India, Iraq, Russia, the United Arab Emirates, Malaysia, Saudi Arabia, Vietnam, Turkey and Egypt, plan to expand oil refining capacity by more than 160 million tons.
The relaxation on duty-free products is expected to unlock more domestic consumption potential and make Hainan a more attractive shopping and touring destination for international travelers.
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The remarks received universal criticism from the Democratic Party, and many Republican lawmakers also said such statements were inappropriate.
The report from Futuresource Consulting estimates that the installed base — the number of devices that have actually been set up and are in use — for the Echo totaled 28 million at the end of last year after estimated sales of 20 million units in 2017. That’s just ahead of Amazon’s line of Fire tablets at 27 million installed and Fire TV devices at 26 million.
The regulation, released in October, is based on the revised Food Safety Law, which was adopted in 2015.
The report pointed out that credit conditions remained a concern for SMEs, adding that the recent loan prime rate reform, making it the new reference rate for loans, should improve interest rate transmission.