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The Belt and Road Initiative is a new vision and focus of tourism development that will drive China's cruise tourism economy to a brand new era, said experts at an international meeting that attracted more than 700 officials and experts, including top officials from all leading global cruise operators, to Sanya, Hainan province.

The Bank of International Settlements has recently started monitoring large technology firms with established user bases that enter the financial sector. Regulators are also considering issues related to Big Tech's influence on market competition, financial inclusion, data protection and financial stability.

The Beijing International Fair for Trade in Service will kick off in 50 days. Running from May 28 to June 1 at the Beijing National Conference Center, the fair is about to bring a grand festival for the service industry.

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The COVID-19 pandemic has left a large number of foreign trainees stuck in their home countries, leading to severe labor shortages in agriculture, manufacturing, construction and other industries in many parts of Japan.

The BRI Expert Board will identify several pilot projects that the UK will collaborate on in third countries, which will be announced later this year, according to Fairhead.

The BOK slashed its target rate by 25 basis points to a new all-time low of 0.50 percent last week, after cutting the rate by 50 basis points in March.

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The CFDA approved the application for clinical tests of the drug in February 2015, and received an application for registration for production of the drug in April, it said.

The Beihai facility, which is under construction, is designed to deal with 450,000 metric tons of waste per year. EEW's technicians checked the designs of the Chinese projects, and hold weekly exchanges with their Chinese colleagues. EEW is also trying to give good example for German work that could be transported to China.

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The COVID-19 crisis was a big shock to the economy, but it is made worse by 20 years of large US government budget deficits and ever-decreasing savings rates. Neither political party has been willing to get the budget under control or to stop relying on steadily increasing monetary stimulus.

The Boston Consulting Group and China's e-commerce giant Alibaba issued a joint report entitled "The New Retails: Lessons from China for the West" on the situation in the Chinese e-commerce market.