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The relief measures aim to stabilize growth and confidence and prevent a downward spiral in the economy, Chan said, stressing that the government will properly use fiscal reserves to go through the difficult time along with Hong Kong residents.

The report from JP Morgan describes CFLD's solid growth with all-round margin expansion. Two of CFLD's significant business sectors-industry park services and contracted sales, are accelerating, which is seen as the sign of CFLD's recovery from debt. Analysts also expect the growth in both will pick up further in second half. Credit Suisse expressed similar opinions, commenting that CFLD's first half results have been largely positive.

The remaining cities are identified as key nodes for the region. They will achieve their development through making the most of their distinct characteristics, the plan says.

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The relief handover ceremony was held at the airport apron of Vientiane Wattay International Airport.

The report ranks 139 countries on inflows and outflows of goods, services, finance, people and data. Singapore tops the rankings, followed by the Netherlands, the United States and Germany.

The report from Colliers International — a global real estate services and investment management company — estimated the rental price of Grade-A offices in Guangzhou will remain stable, following increased supply of local offices.

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The remote-controlled balloon wowed the cosmopolitan crowd of onlookers at the Dubai Mall. But they are not the only ones who are impressed with such Chinese products.

The report revealed the average growth rate of companies' overall spending on digital marketing will reach 20 percent in 2021, up from 16 percent in 2020. The report said mobile devices remained a top choice of investment in terms of marketing channels for advertisers. About 67 percent of advertisers said they will increase investment in marketing on mobile devices, and 25 percent of advertisers will raise spending in marketing on personal computers.

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The report has found two looming challenges for these retailers.

The release was jointly organized by the MOC and other authorities, including the National Development and Reform Commission and the Ministry of Finance.