To exploit the opportunity such consumers offer, Shanghai-based e-commerce startup Red was set up in 2013 to connect the former with overseas sellers, creating a community of trust and sharing, with more than 70 million users by the end of October.
To avoid bad loans, restrictions on granting credit for financing and enjoying government financial support have been put on over 6,000 enterprises blacklisted by the government, Zhang said.
To further take advantage of CBZs' favorable business environment, Dalian Port and global mining giant Rio Tinto Group signed on Tuesday a memorandum of understanding to jointly develop blending operations within the Dayaowan Bonded Port Area in Dalian, Liaoning province, making it the first port in China that can provide diversified bonded blend fines to clients in China and the rest of Asia.
To bolster imports, Wang Bingnan, vice minister of Commerce, promised fiscal and monetary policy support for lower tariffs on consumer goods, faster customs clearance and reduced paperwork.
To cultivate domestic talent with globally recognized skills, Hangzhou will publish a catalog of guidelines for qualification certificates in fields such as finance, taxes, law and equipment manufacturing, and will award qualified certificate holders a 20,000 yuan subsidy.
To foster increased cooperation, the China Council for the Promotion of International Trade (CCPIT) Guangdong Committee announced earlier this month that it is working to establish the Africa Guangdong Association of Commerce.
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To better suit the rising demands from B&R countries and regions in the future, the company added that it is beefing up efforts to develop new types of vessels. These vessels, including seafood processing and delivery vessels, will have huge demand in the emerging markets including the B&R markets.
To ease the freight bottlenecks, Shandong Airlines recently transformed three of its narrow body aircraft-Boeing 737-800s-to freighter planes by taking out their seats. The airline said the cargoonly flights can carry 20 metric tons of freight, three times more than before.
To date, the company has provided jobs to 56 villagers who were in poverty.
To ease the pressure of visitors to Potala Palace during peak season, tourists should make an appointment one day in advance starting from July 21. Visitors can book tickets through the official website or at the ticket office with their ID cards, and each person can reserve up to four tickets, said the palace's administrative office.