Moreover, the Italian blueprint for participating in the Belt and Road Initiative is being realized step by step, helping to open a new chapter in bilateral cooperation, Wang added. Italy has put forward a blueprint for its maritime, land, aviation, aerospace and cultural participation in the massive Chinese infrastructure and investment initiative.
Morgulov said Russia supports China's proposals to solve the issue and opposes unilateral sanctions against the Democratic People's Republic of Korea that aim to put an "economic chokehold" on Pyongyang.
Moreover, overseas direct investment, which can expand the use of renminbi in many ways and play an efficient leveraging role, could become an important facilitator of its internationalization. As multinational corporations dominate international trade, expanding direct investment would consolidate China's trade position and provide markets and impetus for domestic-funded financial institutions to go global and develop offshore renminbi business, the report said.
Moving forward, the chairman said "we will continue to keep a careful eye on costs while investing to grow our business and provide our customers with world-class products and services."
Move comes as number of prosecuted juveniles, while small, continues to rise
Mountain guides prepare to transport supplies to a camp at the altitude of 7,028 meters, at the advance camp of Mount Qomolangma in Southwest China's Tibet autonomous region, May 8, 2020. [Photo/Xinhua]
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More work will be done to improve protection of intellectual rights and oversight of content and to lower the threshold for market access in the online education sector, the guideline said.
Much of the incredulity in Europe stems from the fact that America had the benefit of time, European experience and medical know-how to treat the virus that the continent itself didn't have when the first COVID-19 patients started filling intensive care units.
Most families in the village are somehow involved in the production and sale of incense. The village has two companies and one cooperative engaged in the trade.
Most buyers do not hesitate to pay the higher prices, and avoid arguments as it is not a basic necessity but a luxury. "Those who can afford, they purchase it at any price," she added.