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Furong District
Furong District () is one of six urban districts of the prefecture-level city of Changsha, Hunan Province, China. It is the smallest district of Changsha by area. Furong District is a part of the core of the Changsha urban area, located in the midst of the city. The district is bordered by Yuhua District to the south, Changsha County to the east, Kaifu District to the northwest, and Tianxin District to the southwest. Furong covers with population of 539,200 (as of 2014), registered population of 403,948.figures on area, population of Furong District: according t''2015 Statistical Yearbook of Changsha'' (2015年长沙统计年鉴) The district has 13 subdistricts under its jurisdiction, the government seat is at Dongtundu subdistrict. History Furong District was formed on 22 April 1996 as a result of adjusting the administrative districts of Changsha. It covers most of the land of the historic East District, including Jiucaiyuan (韭菜园), Fuhoujie (府后街), Wulipai (五� ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
District (China)
The term ''district'', in the context of China, is used to refer to several unrelated political divisions in both ancient and modern China. In the modern context, district (), formally city-governed district, city-controlled district, or municipal district (), are subdivisions of a municipality or a prefecture-level city. The rank of a district derives from the rank of its city. Districts of a municipality are prefecture-level; districts of a sub-provincial city are sub-prefecture-level; and districts of a prefecture-level city are county-level. The term was also formerly used to refer to obsolete county-controlled districts (also known as district public office). However, if the word ''district'' is encountered in the context of ancient Chinese history, then it is a translation for '' xian'', another type of administrative division in China. Before the 1980s, cities in China were administrative divisions containing mostly urban, built-up areas, with very little farm ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Value Added
In business, total value added is calculated by tabulating the unit value added (measured by summing unit profit sale price and production cost">Price.html" ;"title="he difference between Price">sale price and production cost], unit depreciation cost, and unit Direct labor cost, labor cost) per each unit of product sold. Thus, total value added is equivalent to revenue minus intermediate consumption. Value added is a higher portion of revenue for integrated companies (e.g. manufacturing companies) and a lower portion of revenue for less integrated companies (e.g. retail companies); total value added is very closely approximated by compensation of employees, which represents a return to labor, plus earnings before taxes, representative of a return to capital. In economics, specifically macroeconomics, the term value added refers to the contribution of the factors of production (i.e. capital and labor) to raise the value of the product and increase the income of those who own the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United States Dollar
The United States dollar ( symbol: $; code: USD; also abbreviated US$ or U.S. Dollar, to distinguish it from other dollar-denominated currencies; referred to as the dollar, U.S. dollar, American dollar, or colloquially buck) is the official currency of the United States and several other countries. The Coinage Act of 1792 introduced the U.S. dollar at par with the Spanish silver dollar, divided it into 100 cents, and authorized the minting of coins denominated in dollars and cents. U.S. banknotes are issued in the form of Federal Reserve Notes, popularly called greenbacks due to their predominantly green color. The monetary policy of the United States is conducted by the Federal Reserve System, which acts as the nation's central bank. The U.S. dollar was originally defined under a bimetallic standard of (0.7735 troy ounces) fine silver or, from 1837, fine gold, or $20.67 per troy ounce. The Gold Standard Act of 1900 linked the dollar solely to gold. From 1934, it ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Renminbi
The renminbi (; symbol: ¥; ISO code: CNY; abbreviation: RMB) is the official currency of the People's Republic of China and one of the world's most traded currencies, ranking as the fifth most traded currency in the world as of April 2022. The yuan ( or ) is the basic unit of the renminbi, but the word is also used to refer to the Chinese currency generally, especially in international contexts. One yuan is divided into 10 jiao (), and the jiao is further subdivided into 10 fen (). The renminbi is issued by the People's Bank of China, the monetary authority of China. Valuation Until 2005, the value of the renminbi was pegged to the US dollar. As China pursued its transition from central planning to a market economy and increased its participation in foreign trade, the renminbi was devalued to increase the competitiveness of Chinese industry. It has previously been claimed that the renminbi's official exchange rate was undervalued by as much as 37.5% against its ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gross Domestic Product
Gross domestic product (GDP) is a monetary measure of the market value of all the final goods and services produced and sold (not resold) in a specific time period by countries. Due to its complex and subjective nature this measure is often revised before being considered a reliable indicator. GDP (nominal) per capita does not, however, reflect differences in the cost of living and the inflation rates of the countries; therefore, using a basis of GDP per capita at purchasing power parity (PPP) may be more useful when comparing living standards between nations, while nominal GDP is more useful comparing national economies on the international market. Total GDP can also be broken down into the contribution of each industry or sector of the economy. The ratio of GDP to the total population of the region is the per capita GDP (also called the Mean Standard of Living). GDP definitions are maintained by a number of national and international economic organizations. The Org ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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