MACAO - The overall residential property price index in China's Macao Special Administrative Region (SAR) from March to May increased by 5.4 percent to 265.0, compared with that of the previous period from February to April, the SAR's statistics service said on Tuesday.Information from the Statistics and Census Service also indicated that the index for the Macao Peninsula (266.7), and Taipa and Coloane (257.0) rose by 6.0 percent and 2.3 percent respectively.The index for overall existing residential units (285.2) went up by 3.4 percent from March to May, while the index for pre-sale residential units (274.3) increased by 9.2 percent.The overall residential property price index expanded by 8.7 percent year-on-year compared with the same period last year, with the index for existing residential units and pre-sale residential units rising by 10.0 percent and 10.8 percent respectively year-on-year. paper wristbands for events
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BEIJING - Chinese authorities have stressed that profit-making contract work conducted by the military is being phased out.A circular issued by the general offices of the Communist Party of China Central Committee, the State Council and the Central Military Commission said the move was a key part of military reform and a crucial decision in the building of powerful, world-class armed forces.The circular said that the gradual phasing out of profit-making services provided by the military had begun in 2016 and achieved significant progress, though there was still more work to be done.It said all such contract work should end by the end of 2018, and that programs should be closed down if they sought profit, deviated from the military's core responsibility or provided solely civilian services.Different strategies may be adopted to terminate existing programs deemed complex or sensitive. Some former military services can be absorbed by the military-civilian integration system. These include certain state programs suitable for the armed forces and those where the military has an advantage and is needed for state construction projects.After service termination, evacuated land and property will be managed by the Central Military Commission.The circular said terminating such services was the shared responsibility of the military as well as central and local authorities.Leading officials should take the lead, discipline be observed and a good work ethic enforced to ensure the task is accomplished in time and in full, it said.
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