The Chinese property market is facing a correction period as a downward trend emerged in more cities, with many local governments choosing to boost the market through lifting home purchase restrictions.
The government will increase exploration and production quotas for rare earth companies by 10 percent this year to bring output in line with the sector's capacity, a senior official said.
Nadam, which means "entertainment and games" in Mongolian language, has a tradition of more than 700 years. Over 30,000 local residents and visitors will participate in activities like horse racing, archery, Mongolian wrestling, costumes show, art competition, etc.
China's National Energy Administration has told local authorities to curb the irrational development of coal-to-oil and coal-to-gas projects, after new technology sparked an investment spree without regard to environmental and economic realities.
A bullet train departed Hohhot East Railway Station for Ulanqab marking the start of high-speed rail services using Inner Mongolia’s first newly-laid high-speed railway on Aug 3.
This year marks the 70th anniversary of the establishment of the autonomous region, during which various celebrations are planned to showcase its prosperity and ethnic diversity.
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