The China Chamber of Commerce to the European Union (CCCEU) lauded the agreement, believing it will help shape the world's largest free trade bloc featuring the largest population, the most diverse membership and the greatest development potential. It also said that provisions in the agreement pertaining to deep tariff cuts, rules of origin and other content are expected to bring more tangible benefits for businesses involved in the pact soon after being put into effect.
The Chinese brand is also the fastest growing smartphone vendor in India, with a 300 percent increase in sales volume and revenue over the first six months of this year. The company is now looking at prospects in Southeast Asia this year, in its quest for a new growth engine.
The China Academy of Information and Communications Technology, a government think tank, has forecast the country is likely to spend 1.2 trillion yuan on 5G network construction by 2025, driving more than 3.5 trillion yuan of investment in the upstream and downstream industry chains and related sectors by then.
The CUES is an agreement reached in 2014 that aims to reduce the chance of an incident at sea among countries involved, and to prevent it from escalating amid rising territorial and maritime disputes.
The Chinese community in the country, which is estimated at about 500, donated disinfectant and 3,000 face masks to the national police to help them cope with the virus on the streets.
The Central Economic Work Conference, which concluded last week, stressed high-quality development and forestalling risks as the major theme of China's economic policies next year.
北京肺部突然痛怎么回事
The Chinese central bank announced Sunday that it will cut the cash amount required to be reserved in commercial banks by 50 basis points starting July 5, a measure to facilitate targeted lending to small and micro enterprises.The fund, to be released through cutting the reserve requirement ratio in the five largest State-owned banks and 12 joint-stock commercial banks, could reach nearly 500 billion yuan (.9 billion), as the People’s Bank of China, the central bank, estimated in a statement on its website.This part should be used “to support the market-oriented debt-to-equity swap projects, and to leverage the same amount of private capital participating in the investment”, according to the statement. Another 200 billion yuan -- to be freed from postal savings banks, city and non-county rural commercial banks, and foreign banks -- will be lent to small and micro enterprises to lower their financing costs, it said.Financial institutions’ activities in both of the two ways will be supervised by the PBOC’s macro prudential assessment framework, a set of tightened regulatory standards to prevent systemic financial crisis, the statement said.
The China-Pakistan Fraternity Emergency Care Center, which finishes on May 7, received funding of 10 million yuan (.55 million) from the Red Cross Society of China.
The Cambridge research center-the company's first in Europe-will focus on artificial intelligence and big data. It is set to open during the first half of 2019.
The Chinese embassy said they will keep following the case and help the injured tourists.