In 2003, the first wholly foreign-owned travel agency was set up in China. However, there were limitations on its service, as it could not offer outbound travel products.
In 2013, the World Bank said Typhoon Haiyan resulted in the loss of 6,300 lives and caused an estimated .9 billion in damages, or about 4.7 percent of the Philippines' gross domestic product.
Immediately after the summit, Modi will fly back to India to attend the Republic Day parade and celebrations, where some foreign heads of state and government have been invited.
Impact on trade ties
In 2016 and 2018, Xi presided over symposiums concerning the Yangtze River Economic Belt. At both conferences, he demanded concerted efforts to protect the Yangtze and avoid excessive development.
In 2015, Scherdel, a Germany-based leader in the field of technical springs, opened its manufacturing center in Huzhou. Three years on, the company has made two additional investments in Huzhou within a short period.
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In 1872, British merchants completed a 1.5-kilometer sightseeing railway along the Haihe River in the British concession in Tianjin. Invitations to view the trial operation were sent to Li Hongzhang-a pioneer in building modern industries and China's first modern navy-and all local government officials. With mixed feelings, Li and 50 other officials became the first Chinese to experience rail travel.
In 1930, the US Smoot-Hawley Tariff Act raised tariffs by nearly 60 percent and in the two following years, US exports dropped nearly two-thirds because related countries resorted to similar protectionist measures. As a result, US export markets dried up, domestic industries slowed down, and unemployment rate rose to 25 percent in 1933.
In 2005, Beijing Normal University and Hong Kong Baptist University jointly set up United International College in Zhuhai, one of the Bay Area's 11 cities.
In 1985, Nanjing built the Memorial Hall of the Victims in Nanjing Massacre by Japanese Invaders. In 2017, the United Nations named Nanjing the world's 169th Peace City.