Shan Dandan, CEO of Fuyou E-commerce Co, said that with help from the Jianye government, the company's sales surged from about 12 million yuan (.7 million) in 2014 to 4 billion yuan in 2017.
Shanghai FTZ will further introduce offshore tax arrangements, turn two of its existing bonded warehouse areas into freeports by 2020, and will enhance its financing service to help Chinese companies enter other overseas markets, according to the latest reform plan released by the State Council in March.
Shandong in East China ranked third, with GDP totaling 5.22 trillion yuan. Zhejiang, Henan, Sichuan, Fujian and Hunan provinces ranked fourth to eighth, respectively.
Shanghai will host an international tourism festival starting from Sept 15. Festival organizers have said they expect more international visitors this year as Shanghai will also host the China International Import Expo in November.
Shaanxi province, which has China's second-largest cultural collection, announced last month that it had created digital archives for more than half of its 282 public museums.
Shanghai GeneoDx Biotech Co Ltd, an affiliate of CNBG, had provided the virus infection test kits for 1 million people's use by Feb 10, and is able to produce 4,000 packs of test kits daily with expanded capacity, which can be used on 200,000 people, statistics from Sinopharm showed. Shanghai GeneoDx is one of the first three companies in China that succeeded in developing the test kits.
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She adds that, under the framework of the Belt and Road Initiative, Chinese-funded enterprises have provided more job opportunities in Africa.
She Minhua, a banking analyst at Zhong De Securities Co, felt the new rule could mean that the regulator intends to encourage more foreign banks to establish subsidiaries in China.
Shandong Lipai Machinery Group Co Ltd joined the fray during this year's Singles' Day shopping spree, with cameras set up inside its factory workshop. During the prolonged shopping extravaganza from Nov 1 to 11, the company saw sales of its excavators go through the roof, with revenue reaching nearly 20 million yuan (about .04 million), mainly contributed by its mini excavators.
She added that Amazon Prime members can enjoy exclusive deals with up to 50 percent off on some of the best Prime-eligible products. They are also available at just 288 yuan (.8) for various benefits, including extra coupon packages.