Last winter, Erhe's total tourism revenue reached 10 million yuan. More than 80 percent of the villagers now work in the industry, and over 60 percent of them run their own businesses. Restaurants, guesthouses, souvenir shops, theaters, and museums have sprung up in the village.
Last week also saw an index that measures the yuan against the Bank for International Settlements currency basket up 0.78 points to 96.7.
Last Tuesday, German premium carmaker BMW and China's Great Wall Motor announced their plans to produce electric MINI-branded vehicles in Zhangjiagang, East China's Jiangsu province, with an investment of 5.1 billion yuan (1 million). This will be BMW's first pure electric vehicle joint venture worldwide, which is expected to have an annual production capacity of 160,000 vehicles when it starts operating.
Last week, Vodafone said it will go live in the UK with its 5G network, relying on Huawei, in part, to provide the service, but the company decided not to allow Huawei mobiles to participate in its 5G launch after Google imposed restrictions on the Chinese telecommunications company.
Last month, the central bank injected 38.4 billion yuan of funds through the pledged supplementary lending (PSL) to the China Development Bank, Agricultural Development Bank of China and the Export-Import Bank of China.
Last month, the Ministry of Housing and Urban-Rural Development had reportedly questioned the authorities in 12 cities including Xi'an, Xuzhou in Jiangsu province, Guiyang in Guizhou province, Haikou in Hainan province, and Kunming in Yunnan province over their overheated housing markets being driven by local measures, which resulted in a new round of local government regulations to check or prevent speculation, according to Lu Wenxi, a researcher with property consultancy Centaline Shanghai.
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Last month, Chongqing Jiangbei Airport resumed as best among the top 10, recording a decline of 19.7 percent year-on-year, also the only one which saw a decline lower than 20 percent. Except for Beijing Capital International Airport, the remaining airports reported narrowing declines.
Last Thursday, the Japanese government decided to lift the state of emergency ahead of the planned deadline for 39 of the country's 47 prefectures as the coronavirus has been less prevalent in those areas.
Last month, China and South Korea agreed to bring bilateral cooperation back to normal "as soon as possible."
Last week,?Amazon Home Services launched, providing users with a place to?browse, purchase and schedule professional services, ranging from installing a new garbage disposal to hanging a new light fixture.?Other services include housecleaning, yoga, guitar lessons, or things as crazy as renting goats for grazing overgrown yards.