The monsoon season during June-September with torrential rains are often blamed for collapse of dilapidated and illegally built buildings in India. Last month, over a dozen people died after a building collapsed in the industrial town of Mahad, 165 km south of Mumbai.
The move comes as market competition in the country becomes increasingly intense.
The momentum of economic development is getting stronger in China, which plays a significant role in driving the global economic recovery, according to the president.
The mistake went viral online after the speech.
The money the company donated will be given to medical workers through the foundation, a charity organization with qualifications for public fundraising.
The most important thing is training and further education. People must be prepared for the future. Only countries that invest in their citizens are going to be successful. China has seen a long process of persistent and rapid economic development. The challenges now are to adjust the industrial structure, as well as highlighting environmental issues. I am convinced, however, that the Chinese government will ring in a new era with the "green economy".
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The much more combative criticism of the Trump administration's handling of the public health crisis came only during the latter part of the conversation, in which Obama first slammed the Justice Department's decision Thursday to drop the criminal charges against Michael Flynn, Trump's first national security adviser who was fired after the revelation of his lies to the Federal Bureau of Investigation (FBI) about his contacts with Russia during Trump's presidential transition period.
The move is based on a principle raised by the country's top financial regulators-there is no exception of any new types of financial business that can bypass the regulatory framework, and the final target is to boost the real economy, Pan Gongsheng, deputy governor of the People's Bank of China, said at a forum in Tianjin on Friday.
The move will help China's amusement and theme parks industry enter the global market, according to the association.
The nation's benchmark lending rate, the loan prime rate (LPR), has remained unchanged for three consecutive months. The People's Bank of China, the central bank, maintained the one-year LPR at 3.85 percent and the five-year or longer tenure LPR, which pertains to mortgage loan rates, at 4.65 percent on Monday.