Outside the Chinese mainland, the Hong Kong SAR and the Macao SAR are most directly exposed to a sharp tourism slowdown. Mainland visitors compromise around 70 percent of total visitors to those two areas. The suspension of the mainland Individual Visitors Scheme and group tourism will result in sharp declines in visitor arrivals for both regions.
Overseas investments in areas including real estate, hotels, cinemas, the entertainment industry, and sports clubs will be limited, while investments in some sectors such as gambling will be banned, according to a document released Friday by the State Council.
Over at retailer Suning, a project dubbed "Night Shopping Partners" has entitled nighttime stall operators to apply for free cold chain refrigerated inventory services from nearby Carrefour stores and about 10,000 Suning Small stores. Suning acquired an 80 percent stake in Carrefour China last year.
Over 1,000 trips have been made since the China-Europe cargo train in Zhengzhou began operation in 2013. A total of 650 train trips are expected to be made in 2018.
Overall planning and policy design are key for China and Greece to tap the potential of the Belt and Road Initiative, also known as the BRI, and to further bolster economic connectivity in Eurasia, scholars from the two countries said.
Outbound travel gained steam with the number of DIY (Do-It-Yourself) trips outnumbered that of the group travel.
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Over 19,000 South Sudanese and Ugandans are expected to benefit indirectly from the one-year project.
Out of 362,264 votes cast, 79 percent went to the peony, followed by 12 percent for wintersweet and 2 percent for orchid. About 1.9 percent voted lotus, while the rest cumulatively received less than 1 percent.
Over 150 catering companies in Beijing, Shanghai and Shenzhen have joined the program.
Over the past five years, annual grain output has remained at more than 600 billion kilos, resulting in adequate stock, and a slight decrease in grain production will not affect China’s food security, the ministry said.?