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BEIJING Jeff Locke Jersey , 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 Ichiro Suzuki Jersey , on Feb. 5, 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 Giancarlo Stanton Jersey , as the market took a heavy hit from panic sales.
The Dow Jones Industrial Average dropped 1,175.21 points, or 4.60 percent, to 24,345.75. The S&P 500 slumped 113.19 points, or 4.10 percent Edinson Volquez Jersey , to 2,648.94. The Nasdaq Composite Index sank 273.42 points, or 3.78 percent, to 6,967.53.
Monday's rout extended a steep sell-off from the previous session. On Friday, U.S. stocks plunged Dustin McGowan Jersey , 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, 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 Dee Gordon Jersey , 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, the Institute for Supply Management (ISM) said Monday.
Meanwhile Christian Yelich Jersey , the seasonally adjusted final IHS Markit U.S. Services Business Activity Index registered 53.3 in January, in line with market expectations.
DUBAI, July 25 (Xinhua) -- A naval vessel collided with a commercial vessel while carrying out a routine mission in the territorial waters of the Gulf Arab state, the General Command of the Armed Forces of the United Arab Emirates (UAE) said on Tuesday.
"The incident did not cause any casualties," the General Command said in a statement.
Chinese research vessel "Kexue" conducts operation in South China Sea
Rescue drill held in E China's Yichun
Volunteer activities enrich left-behind children's summer vacation
Tourists view lotus flowers in N China
Chinese research vessel "Kexue" conducts operation in South China Sea
Amazing scenery of Barkol grassland in Xinjiang
Highlights of Int'l Aviation and Space Salon MAKS-2017 in Zhukovsky, Russia
People enjoy lotus flowers at Xihu Park
Did you know that the average wedding in the UK now costs 锟?7 Andre Dawson Jersey ,000? I dread to think how much that is an hour!
Of course, no-one wants to deny the bride her big day and nowadays you can quite literally have what you want. If you want personalised wedding rock as favours, a chocolate fountain, a snow machine, your own wedding website, bespoke jewellery or bridal shoes dyed to order you can have it all. But Adeiny Hechavarria Jersey , weddings don't come cheap and sadly so many companies are making too much money on bride's big day!
When planning our own wedding recently, we felt that companies were 'cashing in' on brides and their often extensive budgets! Why do people think that bride means 'loaded?' I don't know many engaged couples who have a spare 锟?7,000 under their mattresses - do you?
When sourcing photographers, venues, bridal dresses, bridal shoes Miami Marlins Hats , caterers and stationers, we were horrified to discover how much people were charging, and how much people were obviously prepared to pay. We also found that many companies did not have helpful staff at the end of the phone. Unless we were physically making the booking there and then, we were left feeling undervalued and unimportant.
Have times changed so much that companies only deal politely with customers who are bearing a cheque book?
If so, that's such a shame. I think many companies forget that being helpful to customers - whether they are buying or enquiring - can be the difference between future business or not. When did everyone become so sales target driven? When did people stop just 'talking' to customers? Most future brides spend an entire 18 months talking incessantly about weddings - usually driving their nearest and dearest mad. Brides love having new ears to bend!
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