The Chinese have invested .15 billion in the state since 2003 with about 73 percent of that in auto-related companies and technology, according to Kevin Kerrigan, senior adviser for automotive initiatives for Michigan and the Michigan Economic Development Corp.
The Chinese experts said they will use the opportunity to learn more about the pandemic conditions in Azerbaijan, share COVID-19 treatment experience with their counterparts in the country, and promote bilateral cooperation in medical and healthcare matters.
The Chinese Ministry of Commerce said on Tuesday that Chinese companies had increased investment in 55 countries along the Belt and Road route in the first half year, with a total of .4 billion, up 12 percent year-on-year. The contract value of newly-signed contracted engineering projects in countries along the route was .79 billion.
The Chinese contractor understands the strict environmental standards of the EU and has hired local consultancy firms as well as environment engineers for help. It has stocked oil dams and absorbent mats in case of oil leaks. Mobile toilets and garbage containers are used on all construction vessels, and sewage disposal systems are being built for temporary container dormitories on the Peljesac Peninsula.
The CSRC said it will continue to deepen the opening-up of the futures market and introduce eligible foreign shareholders to futures trading institutions to facilitate their development.
The ChiNext, whose name came from "China Next", was launched on Oct 23, 2009 as part of the country's effort to facilitate the financing of high-tech and innovative enterprises. On Oct 30, 2009, the first batch of 28 listed firms, with a market capitalization of about 140 billion yuan (.8 billion), began trading.
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The China Banking Association said that by the end of April, the contactless lending program that targets MSEs had served over 10 million clients since the program recently began, and the total value of loans provided exceeded 400 billion yuan.
The China National Commission for Disaster Reduction and the MEM jointly activated a level-IV emergency response, the lowest level, after the landslide hit, dispatching two working teams to lead and assist local governments in relief work.
The China-US relationship is now at a critical juncture, and the two sides should promote its stable development through implementing the consensus reached by the two leaders of state, ramping up communication and cooperation, while properly addressing differences.
The Chinese government and people have the confidence and capacity to win the battle against the outbreak, he added.