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After a disappointing performance in 2018, China’s economy appears to be stabiliz
ing. In the first quarter of 2019, GDP growth, at 6.4 percent year-on-year, matched that of the previous quarter. But grow
th in industrial production exceeded expectations, expanding by 6.5 percent year-on-year (and by 8.5 percent in Mar
ch). Even exports growth was positive, albeit weak, despite the ongoing trade frictions with the United States.
Moreover, fixed-asset investment (FAI) grew by 6.3 percent－0.2 percentage points higher than in the previous quar
ter. Investment in real estate grew the fastest (11.8 percent), followed by manufacturing (4.6 percent) and in
frastructure (4.4 percent). The growth of investment both in real estate and infrastru
cture was stronger not only sequentially, but also year-on-year. As usual, consumption growth was stable.
d in the city, and one in every eight buses is produced by Zhengzhou Yutong Bus Co, he said.
Through such efforts as opening cargo train routes to Europe and encouraging cross-border e-co
mmerce, Zhengzhou has helped implement the Belt and Road Initiative and benefited from it, he added.
“We truly feel that the Belt and Road has turned into roads of peace, prosperity, openness, innovation and civilization,” he said.
Tang Yuxiang, an NPC deputy and also board chairman of Zhengzhou Yutong Bus, said that since the Belt and Road Init
iative was put forward in 2013, the company has made overseas markets a strategic priority.
the gender pay gap. Men generally are more inclined to take jobs with high work intensity and high sala
ries, such as technician or salesman, for example. Women, on the other hand, prefer jobs with average work intensity and
moderate salaries, such as administrative, operational and marketing positions. In the past two ye
ars, more and more women have taken up senior technical, senior management and other senior posts. How
ever, in most well-paid positions, the ratio of men to women is still seriously unbalanced.
In terms of industries, the engineering and manufacturing industries, including mining, smelting and chemistry, have a bigg
er gender pay gap. In the science and tech industries, such as the internet, medical care and electronic co
mmunications, large differences in earnings between women and men also exist, the report said.