To further enhance investment facilitation, provincial-level governments will be given the right to set up or alter the businesses of foreign-invested enterprises with total investment of billion or less which are mentioned in the upcoming lists, according to Wang.
To better promote the integrated development of 5G and Beidou, China Mobile, the nation's largest telecom carrier, and Wuhan University, a prestigious Chinese university, have set up an industry alliance and a joint innovation laboratory to promote cross-industry communication and the use of precision positioning technologies in more sectors.
To be fair, Paul J. Wiedefeld, the general manager and CEO of the Washington Metropolitan Area Transit Authority, has done a pretty good job of making the rail system safer since he took command three years ago. He needed to move quickly after a January 2015 fire at Metro’s L’Enfant Plaza station resulted in the death of one passenger and injuries to several others on a smoke-filled car.
To beef up its development, the municipal government released in April new regulations on bolstering Shanghai's science and technology advancement. The city pledges to nurture high-tech enterprises, provide R&D subsidies and introduce preferential income tax policies for high-tech enterprises in order to provide fair and inclusive support for enterprises' scientific and technological innovation activities.
To attract customers who already regard online shopping as common place, Alibaba has promised to dish out promotions on more than 15 million products from 140,000 brands on its marketplaces, up from 100,000 brands in 2016.
To date, Hainan has opened air routes with 34 countries among the 59 that enjoy the visa-free policy, such as Italy, Australia, Russia, Japan and countries in Southeast Asia.
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To boost the development of the Belt and Road Initiative and free trade areas, China will also apply conventional tariffs on products from 26 countries and regions in line with trade pacts, the ministry said.
To broaden the horizons of the younger generation, improve their career choices and offer opportunities for upward mobility, the government is providing a number of themed internships and exchange opportunities in the mainland and overseas.
To ease private firms' financing difficulties, the country will make it easier for them to raise funds via bond issuance, especially the enterprises with good credit and stable performance, and those who support industrial upgrading and regional development, Meng Wei, spokesperson of the National Development and Reform Commission, told a press conference.
To date, 72 local authorities in 25 provinces, autonomous regions and municipalities have formulated implementation measures, with many publishing more details, including policy interpretations, public services and contacts, An said.