The New International Land-Sea Trade Corridor runs through western China and connects Southeast Asia with the Eurasian continent. By harnessing the transportation routes over both land and sea, the Corridor is exerting a positive impact on the interconnected development across different regions. Greater synergy between the LMC and the New Trade Corridor will make trade routes more convenient and enable the leveraging of more resources from western and southwestern China and other ASEAN countries, and thus channel more inputs to the Mekong countries. This will help optimize the allocation of resources, keep industrial and supply chains stable, and spur coordinated development.
The OECD suggested that China's policymakers should "aim to reduce the heavy reliance of economic growth on credit, thus targeting actions toward reducing the risks stemming from the significant accumulation of corporate and local government debt".
The Palestinians want East Jerusalem as the capital of their future state. Following Trump's move, they said the US cannot be considered as a fair peace broker in the Middle East.
The NPC Standing Committee, the top legislature, made the decision to submit the draft at the closing ceremony of its bimonthly session on Wednesday.
The Ministry of Water Resources said that rain affected 23 rivers in the northeast-including the Mudan River in Heilongjiang province and the Liaohe River in Liaoning province-all of which exceeded their alarm levels for flooding.
The Nanjing plant's products will likely be sourced by both traditional and new materials industries such as chemical, automobile, electronics, glass, photovoltaics, pharmaceutical and ceramic decoration.
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The PBOC statement in its quarterly monetary policy report will help remove concerns that a "normalized policy" would lead to tight financial conditions, as the economic recovery has been faster than expected, experts said on Friday.
The National People's Congress Standing Committee convened Monday to discuss amending the Constitution.
The OCD in Bicol, one of the hardest-hit southernmost regions of Luzon, said in a report that at least nine died in Albay province and one in Catanduanes island province where the super typhoon made landfall around 4:50 am local time on Sunday.
The New York Times, meanwhile, said on Thursday US federal prosecutors were investigating Facebook over its alleged data-sharing deals with other companies.