City's Economic Recovery Rankings Out!

Recently, city’s economic recovery ranking released. Among the 17 cities with a GDP of more than one trillion yuan, Guangzhou's recovery index is 63.9%, ranked first. However, the recovery index of Beijing, Shanghai and Shenzhen, the three first-tier cities, is all less than 50%, failed to enter the top 10. Qingdao ranked second with 59.1%.

More Press Releases

Stocks rise as China confirms trade deal signing next week

May 27, 2020

NEW YORK — U.S stocks climbed in morning trading on Thursday as investors cheered confirmation from China that its top trade official will head to Washington next week to sign a preliminary trade deal. The “Phase 1” accord is the opening step on a possible path toward a broader agreement between the nations. President Donald Trump has said he will travel to Beijing after the initial signing to start the second stage of talks. Every major index is on track for a record as Wall Street distances itself from a bout of anxiety over the last week because of tensions...

China, Japan stocks lower on Christmas

May 27, 2020

Chinese and Japanese stocks declined Thursday while most other Asian markets were closed for Christmas Day. Tokyo's Nikkei 225 lost 0.1% to 23,806.72 while the Shanghai Composite Index was off 2 points at 2,982.80. Malaysia's benchmark was down 0.6% while Taiwan gained nine points. Wall Street ended nearly flat Tuesday in a shortened trading session before closing for Christmas Day. U.S. markets reopen Thursday. The benchmark S&P 500 index slipped less than 0.1% to 3,223.38. The Dow Jones Industrial Average dropped 0.1%, to 28,515.45. The Nasdaq composite gained 0.1% to 8,952.88. Investors have been encouraged by plans for an interim...

Stocks rise on Wall Street as rally stretches to fourth day

May 27, 2020

NEW YORK — U.S. stocks rallied Monday, rising with European and several Asian markets following surprisingly strong reports on China's economy. Growth in factory activity and retail sales in the world's second-largest economy both beat analysts’ expectations for last month. That layered on top of optimism from last week’s long-awaited “Phase 1” trade deal between China and the United States, which removed some of the uncertainty that’s hung over businesses and investors. The interim trade deal is one of a “trifecta of positive catalysts” that swept through the market last week and could help support it through the end of...

Cowboys render coin toss mix-up moot, throttle Rams 44-21

May 27, 2020

ARLINGTON, Texas — Dak Prescott and the Dallas Cowboys turned “much ado about nothing” over the coin toss into “win and they're in” next weekend. Prescott threw two touchdown passes after his confusing exchange with referee Walt Anderson made many think the Cowboys forced themselves to kick off to start both halves, and Ezekiel Elliott ran for two scores in a 44-21 victory over the Los Angeles Rams on Sunday. The Cowboys (7-7) ended their second three-game losing streak of the season, and the defending NFC East champions stayed even with Philadelphia atop the division with a showdown looming next...

Draghi stepped in during euro's darkest hour

May 27, 2020

FRANKFURT, Germany — Mario Draghi leaves as head of the European Central Bank credited with having rescued the eurozone from disaster with a well-timed phrase and bold action to back up his words. He expanded the bank's arsenal of crisis-fighting tools with new and unconventional policies, measures that he and others say helped end a financial crisis in 2010-2012 and create millions of jobs in the 19-country monetary union. Yet the closing days of his term have hardly been a victory lap. His departure is accompanied by an unusually public dispute among ECB board members over stimulus policies he pushed...

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