The four largest State-owned commercial banks in China by assets are a key driver of the entire banking balance sheet of Dubai International Financial Centre (DIFC), a financial hub for the region.
The government will also provide credit of S million, with 90 percent government risk share, to SMEs under an enterprise financing program.
The fund manager also inked a memorandum of understanding with Agricultural Bank to deepen its strategic partnership after the lender became a cornerstone investor of Amundi in 2015.
The fund will provide more definitive support in investment and financing to push the initiative ahead, Yang said.
The fund aims to upgrade existing transportation infrastructure and further smart mobility research and development regionally. In addition, strategic partners in this region are also expected to participate in Apollo, Baidu's open autonomous driving platform.
The free eye surgery program is one of the fruitful results of the bilateral cooperation in the previous projects like China-Myanmar economic corridor which was recently agreed to cooperate in practically pushing some major projects of the construction, Wang Zongying, Chinese Consulate-General in Mandalay, said.
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The global outbreak of COVID-19 has caused changes in people's lifestyle, as well as shopping preferences. Face masks and toilet paper are selling like hot cakes, as they say.
The government is working to channel funding to small and micro businesses and the rural sector, which are usually less favored by banks due to higher credit risks than state-owned giants and other sectors.
The fossil, with its middle ear bones well preserved and detached from the dentary, has revealed a transitional stage in the evolution of the mammalian middle ear, offering direct evidence to scientific studies.
The furry internet celebrity loves eating red and green peppers, and tucks into dried chili before every meal as an appetizer, according to owner Huang Chao, 31, who bought the bunny from a street vendor at start of the year.