BEIJING Homme Nike Air Vapormax Flyknit 2018 Bleu Pas Cher , Feb. 5 (Xinhua) -- China's only rural policy bank plans to lend about 100 billion yuan (15.9 billion U.S. dollars) by 2020 to support the maritime economy.
The financing will mainly go to modern fisheries, strategic and emerging maritime sectors such as maritime medicine and renewable energy, as well as infrastructure and public services, according to guidelines issued by the State Oceanic Administration and the Agricultural Development Bank of China.
The rural policy bank's announcement came about 10 days after the country's central bank and other government agencies decided to strengthen financial support for China's maritime economy by increasing bank loans and diversifying financing channels.
The gross output of China's maritime industry grew by 7.5 percent annually on average over the past five years, accounting for nearly 10 percent of the country's GDP. The sector generated 7.8 trillion yuan last year.
China expects the maritime industry to be worth 10 trillion yuan by 2020 and account for around 15 percent of GDP by 2035.
An electronic screen displaying trading data is seen at the New York Stock Exchange in New York, the United States, on Feb. 5 Homme Nike Air Vapormax CS Grise Marine Bleu Pas Cher , 2018. U.S. stocks closed sharply lower on Monday, with the Dow plummeting 4.60 percent, as the market took a heavy hit from panic sales. (XinhuaWang Ying)
NEW YORK, Feb. 5 (Xinhua) -- U.S. stocks closed sharply lower on Monday, with the Dow plummeting 4.60 percent, as the market took a heavy hit from panic sales.
The Dow Jones Industrial Average dropped 1,175.21 points Homme Nike React Hyperdunk 2017 Flyknit Rouge Blanche Pas Cher , or 4.60 percent, to 24,345.75. The S&P 500 slumped 113.19 points, or 4.10 percent, to 2,648.94. The Nasdaq Composite Index sank 273.42 points, or 3.78 percent Homme Nike React Hyperdunk 2017 Flyknit Blanche Marine Pas Cher , to 6,967.53.
Monday's rout extended a steep sell-off from the previous session. On Friday, U.S. stocks plunged, with the Dow slumping over 650 points, as investors worried that the Federal Reserve may hike rates on a faster pace after an upbeat jobs report.
U.S. total nonfarm payroll employment increased by 200,000 in January, beating market consensus Off White x Nike Air Vapormax Noir Pas Cher , and the unemployment rate stayed unchanged at 4.1 percent, the Labor Department reported Friday.
Analysts said the market is now thinking about the possibility of the Fed raising interest rates four times this year, after the central bank in December suggested three more increases in 2018.
Investor sentiment was also dampened by a global rout in stock markets. Most European and Asian equity markets finished sharply lower Monday, with Japanese stocks suffering their biggest one-day drop since Nov. 9, 2016.
On the economic front, the ISM Non-Manufacturing Index registered 59.9 percent in January, 3.9 percentage points higher than the seasonally adjusted December reading and beating market consensus of 56.2 Off White x Nike Air Vapormax Blanche Pas Cher , the Institute for Supply Management (ISM) said Monday.
Meanwhile, the seasonally adjusted final IHS Markit U.S. Services Business Activity Index registered 53.3 in January, in line with market expectations.
VIENNA, May 12 (Xinhua) -- The two parties in the Austrian coalition government have been locked in dispute over the issue of early elections, local media reported on Friday.
Following the resignation of vice-chancellor and leader of the People's Party Reinhold Mitterlehner earlier in the week, his likely successor Sebastian Kurz has demanded early elections as a condition for taking over the reigns.
In a statement to the media, Kurz Homme Off White x Air Jordan 1 The Ten Blanche Noir Rouge Pas Cher , who is presently serving as minister for foreign affairs, said while he acknowledged that early elections would not be popular, they are the only means for change in the country and as such the "right way" forward.
He was also dismissive of the offer from Chancellor and Social Democrats leader Christian Kern to work together in a "reform partnership," arguing that simply acting as though it was business as usual between the two parties would soon lead to the same problems again, with "minimal compromises" made.
In response to the stance from Kurz, Kern told "Die Presse" in an interview he wished for an apology, claiming in knocking back the offer of a reform partnership Homme Off White x Nike Air Jordan 1 Noir Royal Bleu Pas Cher , an insinuation of insincerity had been made.
Further, he said if the call for early elections were being made from the People's Party as an ultimatum, it would spell the end of their long-standing cooperation "for a very long time."
He does not want early elections, Kern said, and wishes to solve problems in parliament instead.
His party could maintain its ruling mandate by forging "alternating majorities" with the other parties to the federal parliament, Kern said.
Xi proposes advancing China-Ethiopia ties
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Media center of Belt and Road Forum put into operation in Beijing
Xinhua, UNAIDS agree to deepen cooperation
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Straw art gala held in E China's Shandong
Xinjiang Int'l Grand Bazaar held in Urumqi Off White x Nike Air Max 97 Blanche Pas Cher , NW China
8th China Peking Opera art festival to be held in Nanjing
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