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BEIJING Gerald Everett Rams Jersey , Feb. 5 (Xinhua) -- China's only rural policy bank plans to lend about 100 billion yuan (15.9 billion U.S. dollars) by 2020 to support the maritime economy.


The financing will mainly go to modern fisheries, strategic and emerging maritime sectors such as maritime medicine and renewable energy, as well as infrastructure and public services, according to guidelines issued by the State Oceanic Administration and the Agricultural Development Bank of China.


The rural policy bank's announcement came about 10 days after the country's central bank and other government agencies decided to strengthen financial support for China's maritime economy by increasing bank loans and diversifying financing channels.


The gross output of China's maritime industry grew by 7.5 percent annually on average over the past five years, accounting for nearly 10 percent of the country's GDP. The sector generated 7.8 trillion yuan last year.


China expects the maritime industry to be worth 10 trillion yuan by 2020 and account for around 15 percent of GDP by 2035.



An electronic screen displaying trading data is seen at the New York Stock Exchange in New York, the United States Todd Gurley II Rams Jersey , on Feb. 5, 2018. U.S. stocks closed sharply lower on Monday, with the Dow plummeting 4.60 percent, as the market took a heavy hit from panic sales. (XinhuaWang Ying)

NEW YORK, Feb. 5 (Xinhua) -- U.S. stocks closed sharply lower on Monday, with the Dow plummeting 4.60 percent Jamon Brown Youth Jersey , as the market took a heavy hit from panic sales.


The Dow Jones Industrial Average dropped 1,175.21 points, or 4.60 percent, to 24,345.75. The S&P 500 slumped 113.19 points, or 4.10 percent Rob Havenstein Youth Jersey , to 2,648.94. The Nasdaq Composite Index sank 273.42 points, or 3.78 percent, to 6,967.53.


Monday's rout extended a steep sell-off from the previous session. On Friday, U.S. stocks plunged Tyler Higbee Youth Jersey , with the Dow slumping over 650 points, as investors worried that the Federal Reserve may hike rates on a faster pace after an upbeat jobs report.


U.S. total nonfarm payroll employment increased by 200,000 in January, beating market consensus, and the unemployment rate stayed unchanged at 4.1 percent, the Labor Department reported Friday.


Analysts said the market is now thinking about the possibility of the Fed raising interest rates four times this year Jared Goff Youth Jersey , after the central bank in December suggested three more increases in 2018.


Investor sentiment was also dampened by a global rout in stock markets. Most European and Asian equity markets finished sharply lower Monday, with Japanese stocks suffering their biggest one-day drop since Nov. 9, 2016.


On the economic front, the ISM Non-Manufacturing Index registered 59.9 percent in January, 3.9 percentage points higher than the seasonally adjusted December reading and beating market consensus of 56.2, the Institute for Supply Management (ISM) said Monday.


Meanwhile Samson Ebukam Youth Jersey , the seasonally adjusted final IHS Markit U.S. Services Business Activity Index registered 53.3 in January, in line with market expectations.



Home > Home SecurityWhat to Consider When Building a Custom Home

Posted by mikeblake in Home on March 24th, 2016


Buying a home is typically the largest investment that one makes. Many buyers end up spending plenty of time and energy designing or searching for the perfect home before signing any paperwork. There is a lot that goes into the search, to include:

LocationPriceMarket trendsTaxesHomeowners association feesCondition of the home

Most who are on the hunt have a wish list a mile long that includes both needs and wants. The very first decision to make is whether to have custom homes built, or go with an existing home. There are many pluses to each choice, here’s a breakdown.


Benefits Buying an Existing Home Rather than Custom Homes


There are two main advantages to buying an existing home. Those advantages are convenience and cost. Once approved by the specific lender Josh Reynolds Youth Jersey , the buyer can shop around, pick out a home and then make an offer. Hiring an experienced real estate professional will make the process easier by handling the negotiations and helping with paperwork. The entire process could easily have one in their choice home within a couple months, which is a huge bonus for those on a tight schedule.


As far as costs associated, the median new home price is around 5,000 in relation to about 0,000 for existing homes throughout the U.S. The housing market as of 2016 is still showing lowered real estate costs countrywide.


Another benefit is being able to live in an established neighborhood. One can be right near friends John Johnson Youth Jersey , family, schools and work. Established landscaping, sidewalks, and more can be all within reach whereas with a custom home it has to be worked on in most cases.


Disadvantages include the home not being exactly what one dreamed of. The floor plan may leave little to be desired, there may not be enough bathrooms and other small issues. Chances of finding an existing home that has everything on both the need and want list are slim, and many plan on making renovations and repairs over time.


Building Custom Homes


Building custom homes doesn’t give the convenience that purchasing an existing home does. One will have to find land Cooper Kupp Youth Jersey , work with a builder, choose all the elements and so forth. There is also the issue of permits and making sure the land has access to water, electricity and the like. Many custom homes builders already have land available which makes things a bit easier.


The biggest advantage is getting just what you want and that may be enough reason to choose custom homes over existing. Everything will be up to the latest building standards and extremely efficient, which also puts many minds at ease. Expect to save on utility bills and feel good about owning an energy-efficient home.

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