Though the speed of China-Europe freight train service is dwarfed by plane or passenger bullet train, the pace of its growth in terms of delivery frequency and cargo volume has continued to reach new highs lately.
Though suffering from the epidemic outbreak, the nation's tourism industry has made use of more online resources to meet travel demands from the public while helping curb the spread of the novel coronavirus pneumonia.
Through expanded functions such as procurement and sales, trade settlement, and supply chain management, the Shanghai headquarters continue to enhance their resource allocation capabilities in China and global markets. Currently, there are 263 headquarters in the bonded areas of the Shanghai FTZ, accounting for nearly 15 percent of the city's total.
Three banks have established branches in the Zhongguancun Science Park where there is a total of 939 banking outlets.
Though the association expressed confidence about the strong showing by the SMEs continuing into the second half of the year also, experts like Wu are of the view that it would still depend on factors like the prevalent domestic epidemic situation, overseas situation and the international trade environment.
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Tim Lui Tim-leung, chairman of the Securities and Futures Commission of Hong Kong, said the city can find a better position in the nation's development through deeper financial connections with the mainland, which has taken the lead in economic recovery amid the global recession caused by the novel coronavirus pandemic.
Through the reform, the government abolished the mandatory management of the manufacturing, wholesaling, distribution and transportation of salt, and the procedure for salt operators to seek permits for salt transportation, which were parts of CNSIC's business in the past, said Zhou Lisha, a researcher at the research institute of the State-owned Assets Supervision and Administration Commission.
Though products qualified as publicly offered REITs by international standards have not emerged in the mainland, the instrument has been used in more than 40 countries and regions across the world, according to the commission.
Though he said there was no evidence to show that key personal information such as the customers' credit card, bank account and social security numbers had been stolen and abused, he admitted that other sensitive data had been illegally downloaded.