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Chinese companies receive the fastest growth in patents granted in the U.S. in 2019Israel industry believes that digital payments will gradually replace traditional paymentsFrench natural population exceeds 67 million, a record low Invested 86 billion euros in railway modernization . The dollar index rose slightly on the 14th . The euro zone's economic growth faces multiple challenges . Ghosn wants to take Renault to court for a 250,000 euro pension . Saudi Arabia will increase renewable energy Percentage of consumption · Global debt to global GDP ratio hits record high

Global debt to global GDP ratio hits record high

The International Finance Association report shows that the global debt to GDP ratio reached 322% in the third quarter of 2019, a record high. Bloomberg News reported on the 14th that the International Finance Association's "Global Debt Monitoring" report reported that global debt increased by nearly $ 10 trillion in the third quarter of 2019 to nearly $ 253 trillion. Global debt includes household, government, and corporate debt around the world. The report said that the debt of developed countries, including the United States and Europe, accounted for more than half of global debt. The debt-to-GDP ratio in these regions is as high as 383%. [ Detailed ]

Morgan Stanley: huge opportunities in China's urban transformation

A report from Morgan Stanley states that the next stage of China's economic growth may come from building super smart cities with 5G connectivity, smart grids, renewable energy and modern transportation. Morgan Stanley predicts that by 2030, China's urbanization rate will increase from the current 60% to 75%, adding 220 million urban residents. Morgan Stanley defines a super smart technology city as a large regional center city group surrounded by large satellite cities. [ Detailed ]

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