He added that many countries undergoing industrial transformation will benefit from the line: "Similar to Hungary, countries along the way can connect with the China-Europe land-sea express route via industrial parks and logistics centers and, obviously, their products are exported to China."
He also said that at the beginning of this year, China had introduced 200 billion yuan ( billion) of annual tax cuts aimed at improving the environment for SMEs. The government also introduced a series of measures for further tax and fee cuts in May, amounting to 1.7 trillion yuan for the whole year.
Having traveled more than 12,000 kilometers, it passed through seven countries before reaching the Chinese manufacturing and trade hub where small goods such as homeware, garments and souvenirs are made.
He also said that China and Spain agreed to further align their strategies for economic recovery, and deepen cooperation in exports of agricultural products, renewable energy, smart cities, electric cars, e-commerce and digital communications, adding that China and Greece agreed to further push forward the Piraeus port cooperation project.
He also announced that the city will provide free child care to 100,000 students when schools reopen. The city aims to provide relief for working parents who either can't afford to stay home or can't find child care for the days that students aren't in school buildings.
He added that the country would also promote the innovation of agricultural technology to save more resources and energy.
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Having proved to be a useful tool during the pandemic, online courses will continue to be provided to students in conjunction with on-campus education, the Shanghai Education Commission announced on Aug 31.
Having more control of the entire end-to-end customer experience would also help Amazon avoid issues it?has had with third-party delivery companies like UPS during its busy holiday season.
He added that both China and Singapore have been undergoing economic upgrading and transformation recently. Traditional industries in Singapore are transforming and they can learn from the successful experiences of their Chinese peers during the CIIE. Meanwhile, they can also make adjustment to their products and services to cater to the changing demand of Chinese clients, he said.
He also said China appreciates Cambodia's support on the Belt and Road Initiative, which he believes will expand space for the China-ASEAN cooperation.