China's powerhouse economy was the first to feel the squeeze as the coronavirus pandemic took hold earlier this year, and the damage is likely to last for years to come. As top Chinese lawmakers gathered at the National People's Congress this week, China dropped its annual growth target from its economic forecasts for the first time since the country began publishing GDP goals in 1990.To get more news about economy news today, you can visit shine news official website.

Here are seven numbers that sum up the Chinese economy amid the global coronavirus pandemic. That's how much China's economy shrank during the first quarter of 2020 compared to the first quarter of 2019.

That's how much China said it would inject into its economy on Friday in order to counteract the damage caused by the coronavirus. It's equivalent to about $500 billion USD. As part of those stimulus measures, the government wants to create 9 million urban jobs and will issue 1 trillion yuan, or $140 billion, in special government bonds.That's what experts believe is the current unemployment rate in China, though the latest official data from China pegged the April rate at 6%.

That's how many coronavirus cases have been confirmed in China as of May 22, according to data from Johns Hopkins. Earlier this month, China reported its first new Covid-19 case in more than a month, amid a spate of new cases across countries that had made progress in getting the disease under control, including South Korea and Germany.

That's how much Chinese tech giant Alibaba saw its profits fall in the fourth quarter compared to the same period last year, mainly because of investments that tanked as the coronavirus crisis devastated global stock markets.

That's how much China will spend on U.S. imports as part of the Phase One trade agreement signed by President Trump and Chinese Vice Premier Liu He in January. On Friday, China recommitted to upholding the trade deal as it currently stands, despite skepticism from some experts that the $200 billion target isn't realistic because of the coronavirus. "We will work with the United States to implement the phase one China-U.S. economic and trade agreement," Premier Li Keqiang told Chinese lawmakers in Beijing on Friday.

That's how many U.S. products will be subject to the most recent round of tariff exemptions from Beijing, which went into effect on May 19 and will last for a year. These are in addition to the 696 exemptions China announced in February for major imports like soybeans and pork.

If you win the lottery in New Jersey, you can now choose to stay anonymous, after a new law was signed by Democratic Governor Phil Murphy on Tuesday.Get more news about 包网公司,you can vist nb68.com

The bill, which had bipartisan Democratic and Republican sponsorship, passed the Legislature unanimously. The law takes effect immediately, but it will take some time for the New Jersey lottery commission to write the necessary regulations to allow winners to keep their identities private.

Sponsors of the legislation say it's targeted at what they term the "lottery curse" - abuse and threats that lottery winners can experience when their identities become public. "The winners should have the option of remaining anonymous if they want to stay out of the limelight and away from unwanted attention," said Senate President Steve Sweeney. Up to now, the New Jersey State Lottery Commission could put out press releases with a winner's name, town, and county. That includes winners of New Jersey games plus multi-state games like Powerball and Mega Millions. A request for a winner's information could also be made via the state's Open Pulic Records Act.

Critics of anonymity argue that publicizing winners' names is key to citizens' trust in the lottery. The lottery in New Jersey is "a very public game," says the lottery commission's acting director, James Carey. "It is an arm of the state of New Jersey. We're dealing with public money. And the public has the right to know who's getting the money."

Former Governor Chris Christie agreed, saying that anonymity would "undermine the transparency" of the lottery. He vetoed a 2013 bill that would have allowed jackpot winners to stay anonymous for a year.

New Jersey joins a growing number of states that allow winners to stay anonymous. Five years ago, only five states shielded winners' identities, but with New Jersey's new law the total stands at 11 states that allow anonymity in at least some cases.In Arizona, winners of $100,000 or more can now keep their name off the public record permanently. However, their city and county of residence are not private. "Winning the lottery shouldn't come at the expense of someone's safety or privacy," Gov. Doug Ducey's spokesman said.

The state's previous policy also applies, so the name of any winner of $600 or more is kept private for 90 days.

Virginia's 2019 law is somewhat more restrictive, allowing winners of prizes over $10 million to stay anonymous. The amount of the prize and the store that sold the winning ticket can be publicized, but not the winner's name or town. However, the details of winners of $10 million and below will still be public record and can be released by the lottery.

Austenitic stainless steel grades are the number one choice for materials that can endure corrosive environments. Austenitic stainless steel tube is rich in chromium and nickel, which make it ideal for resisting corrosion. It also has remarkable mechanical properties across the various grades available in the market.To get more news about 304 stainless steel, you can visit stainless-steel-supplier official website.

Grade 304 stainless steel
Grade 304 is a basic austenitic stainless steel. It contains a high level of nickel and chromium, with the amount of chromium ranging from 18 to 20% by weight and nickel weighing in at between 8 and 10.5%. Grade 304's other alloying elements include silicon and manganese with iron comprising the remaining chemical composition.
316 stainless steel has the same material composition as 304 stainless steel. However, in addition to high amounts of chromium and nickel, it also holds silicon, carbon, and manganese, with a huge portion comprising of iron.

Grade 316 stainless steel has a denser chemical composition. It holds a significant amount of molybdenum of about 2-3% in weight compared to the traces found in 304. The higher molybdenum in 316 results in higher corrosion resistance than in 304.There are situations which set apart the two grades of stainless steel, but both are legends on their turf. The circumstances under which Grade 304 is a better choice are:

The application requires superb formability. The higher molybdenum content in 316 can have serious consequences on formability, thus making 304 a better choice.
The application has underlying cost concerns. Given that grade 316 is more corrosion resistant, it has a higher direct cost.