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U.S. firms face rising costs, labor shortages amid supply chain disruptions: Fed survey--China Economic Net - Vimarsana News

U.S. firms face rising costs, labor shortages amid supply chain disruptions: Fed survey--China Economic Net

U.S. firms are facing rising costs and labor shortages amid supply chain disruptions, according to a Federal Reserve survey released on Wednesday.   "Several Districts cited the positive effects on the economy of increased vaccination rates and relaxed social distancing measures, while they also noted the adverse impacts of supply chain disruptions," the Fed said in its latest survey on economic conditions, known as the Beige Book, based on information collected from its 12 regional reserve banks.   "It remained difficult for many firms to hire new workers, especially low-wage hourly worker...

Source: en.ce.cn
Pakistan, Tajikistan agree to further deepen relations in diverse fields--China Economic Net - Vimarsana News

Pakistan, Tajikistan agree to further deepen relations in diverse fields--China Economic Net

Pakistan and Tajikistan agreed here Wednesday to further deepen their bilateral relations in diverse fields with a special focus on promoting trade and economic cooperation, said a joint declaration issued by the Prime Minister Office of Pakistan.   According to the declaration, both sides reached the understanding during a meeting between Pakistani Prime Minister Imran Khan and Tajik President Emomali Rahmon where they reaffirmed the fraternal ties between the two countries.   A Tajik delegation led by Rahmon arrived at Pakistani capital Islamabad on Wednesday on a two-day visit and held a...

Source: en.ce.cn
China to promote scientific approach to afforestation--China Economic Net - Vimarsana News

China to promote scientific approach to afforestation--China Economic Net

The General Office of the State Council has issued a guideline on adopting scientific measures as part of China's afforestation efforts to fundamentally improve the country's natural environment.   The guideline highlights 14 measures related to various fields of scientific afforestation, including planning, land arrangement, utilization of water resources, selection of green species, vegetation restoration, returning farmland to forest and grassland, and innovative evaluation.   It urges efforts to grow trees and grass following the inherent rules of the ecosystem to improve the stability ...

Source: en.ce.cn
China adopts measures to safeguard college entrance exam--China Economic Net - Vimarsana News

China adopts measures to safeguard college entrance exam--China Economic Net

Multiple government agencies have planned measures to safeguard the college entrance exam across China, according to the Ministry of Education on Wednesday.   Security risks concerning exam management should be dealt with, especially those concerning the production, transportation and storage of exam papers, the ministry noted.     It called for detailed epidemic containment solutions during the exam and stressed contingency plans in areas with potential risks of extreme weather.   A campaign has been launched to crack down on copycat official accounts of institutions related to the exam ...

Source: en.ce.cn
Second wave of COVID-19 is erasing signs of economic recovery in India--China Economic Net - Vimarsana News

Second wave of COVID-19 is erasing signs of economic recovery in India--China Economic Net

India's GDP growth for the financial year 2020-21 was revised to -7.3 percent from -8 percent, as the country registered a 1.6-percent economic growth in the January-March quarter, according to government data released recently.   However, the signs of economic recovery India witnessed during the last quarter of the financial year are being erased by a rampant second wave of the COVID-19 pandemic.     At present, India continues to record over 100,000 new COVID-19 cases each day. Amid the second wave, many states have announced lockdowns and curfews, with most industrial activities suspend...

Source: en.ce.cn