Rise of rentals, aging of facilities and competition from mid- to high-end hotels and bed-and-breakfast facilities also posed a challenge to budget hotels.
Retail sales increased by 8.5 percent year-on-year in May, 0.9 percentage point lower than in April, the data showed.
Ruili, which lies on the border with Myanmar, reported two COVID-19 cases among illegal immigrants on Sunday.
Rhea Slater David, a young man from the US, was surprised to find that wi-fi signal is available in every corner of Shibadong, which prior to the visit he assumed to be a village cut off from the outside world. He made a video call to his families back in the US.
Resumption of work in key industries a priority
Retail sales of home appliances in China during the first six months of this year stood at 369 billion yuan, down 14.13 percent on a yearly basis due to the COVID-19 outbreak, said a report released by the China Center for Information Industry Development under the Ministry of Industry and Information Technology.
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Reuters reported earlier that Ant has withdrawn plans to issue asset-backed notes worth billions of dollars. The company attributed such cancellation to "tight funding conditions and rising pricing on the bond market" at the end of 2017.
Riggs could help Amazon break into reality TV, just as Santomero is doing with kids programming.
Robotic arms paint a car at the BYD Automobile Company Limited Xi'an plant, in Shaanxi province, Dec 25, 2019. [Photo/Agencies]
Rick Kimberley, president of Kimberley Farms Inc, told China Daily that the demonstration farm will occupy a total area of 1,214 hectares. "The first phase will be a recreation of my home and buildings," Kimberley said.