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As waves of anti-extradition-bill protests crested with a citywide strike that brought transportation chaos and gridlock to Hong Kong on Monday, the city's top financial official warned the local economy faces the gloomy prospect of a "technical recession".

As trade frictions and their impact on global growth continue to spread internationally via supply chains, Moody's expects Hong Kong to face a prolonged economic slowdown as the city's economy relies heavily on trade for growth.

As we know, China has lifted hundreds of millions of people out of poverty during the past 30 years and that is just unbelievable.

As per the plan, the reform of the Boao Hope City will take ecology and environment as a priority. The Hope City will build itself into a world-class international medical tourism destination, as well as a medical science and technology innovation platform, and provide better business environment to investors.

As the COVID-19 outbreak increasingly comes under better control in China, the country's short-term vacation rental industry is also gradually recovering, with rural homestays and short-distance travel gaining popularity among Chinese tourists.