Property agents said purchase restrictions not only squeeze out speculative demand but help some homebuyers to reduce financial risks, making them more cautious and prudent.
President Xi Jinping, also general secretary of the Communist Party of China Central Committee, called for building China into a strong maritime country in a report delivered to the 19th CPC National Congress in October, 2017. During an inspection tour to Qingdao, Shandong province, in June last year, he further urged strong efforts to develop the maritime economy.
Property sales continued to cool in the first eight months of this year, NBS data showed. In terms of floor area, commercial housing sales gained 12.7 percent, down 1.3 percentage points from January-July.
Property rights protections are a cornerstone for market economies, and IPR protections are needed to realize innovation-driven development, Li said.
Profits of major Chinese industrial firms shrank in the first eight months, leading to calls for further support for sectors hit by slowing orders and softening prices.
President, Nordic counterpart agree to enhance winter sports cooperation
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Profits of pharmaceutical companies also held up better than average and declined by 10.9 percent.
Prior to the outbreak, Airbus couldn't build planes fast enough.
Probably nobody in Seattle has talked with more business and government leaders around the world than Bill Stafford has, according to a local business journal.
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