Since trade between Asia and Europe accounts for 28 percent of world trade, the ING analysis believed that making those trade flows easier has a large potential impact. In its investigation using three scenarios, the report assumed that the BRI will in the long run lead to a 50 percent fall in trade costs between a different set of countries.
Singapore's Minister of Law K Shanmugam
Since November, Zhu has also been working with e-commerce platform Pinduoduo to provide an e-commerce course to help the locals expand their sales and sell the agricultural products directly to consumers.
Since then, it has spread to 23 properties in six cities in northern China: Beijing, Tianjin, Dalian, Shenyang, Harbin and Handan.
Since the enactment of the National Security Law in Hong Kong, the US has announced sanctions on 15 officials from the Chinese mainland and the Hong Kong SAR, including the SAR's Chief Executive Carrie Lam Cheng Yuet-ngor and her key aides.
Since the start of this year, competition has intensified in China's autonomous driving industry. A string of players are showcasing their technological prowess and ambitions by offering robo-taxi services.
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Since graduating in music from Fujian Normal University, Qi Xiaolan, 45, has worked at a State-owned company in Quanzhou, Fujian province, doing a job that has nothing to do with art for 24 years.
Since the start of the outbreak, the pandemic has brought China and Europe closer together, which has been demonstrated by the mutual support and aid between China and the EU and its members.
Since the application of autonomous vehicles relies not only on the promotion of the self-driving technology for single cars but also on the building of smart roads, the agreements are crucial for the construction of roadside infrastructure and large-scale testing in the future, experts said.
Since starting out making rechargeable batteries in 1995, BYD has grown to become one of the world’s leading renewable energy transport companies, with a workforce of 220,000 employees and more than 30 industrial parks. Cities in 15 countries now use BYD’s electric buses and taxis.