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Back in 2011, the city's social medical insurance scheme for urban employees faced a deficit of 210 million yuan, which was equivalent to about 14.4 percent of the city's fiscal revenue.

The survey was conducted between mid-October and early November among 1,181 companies in Germany, the United States, the United Kingdom, France and Italy. As many as 94 percent of the companies surveyed said they had a temporary disruption in their supply chain, said Euler Hermes, a subsidiary of German insurer Allianz, in a report published Thursday.

BEIJING, Dec. 21 (Xinhua) -- Xi Jinping Thought on Socialist Economy with Chinese Characteristics for a New Era has been advancing with the times, steering the Chinese economy ahead amid a changing world full of uncertainties.

BEIJING, Nov. 20 (Xinhua) -- Chinese President Xi Jinping sent a congratulatory letter to the Understanding China Conference 2020 that opened Friday in Guangzhou, south China's Guangdong Province.

Xi stressed the need to uphold the vision of prioritizing development. He called for efforts to strengthen development cooperation and narrow the North-South gap in implementing the United Nations 2030 Agenda for Sustainable Development.