The contract was signed in Beijing last week, in the presence of UK Secretary of State for International Trade Liam Fox.
The coronavirus outbreak is reshaping China's catering industry. More and more restaurant owners are finding their way through cost control, takeout service and digital marketing, and the coping strategies will sustain even after the epidemic wanes.
The country will accelerate the opening up of the insurance industry, ease restrictions on the establishment of foreign financial institutions in China and expand their business scope, and open up more areas of cooperation between Chinese and foreign financial markets.
The country has added the industry to the national key industries field to increase its soft power, which can satisfy both material and spiritual needs as well as increase effective supply by designing at the source, said Jin Xu, president of the China Association of International Trade.
The country has signed agreements on film and television cooperation with 15 countries, vice director of the State Administration of Press, Publication, Radio, Film and Television (SARFT) Tong Gang told a press briefing on Thursday.
The country aims to build 650 skating rinks and 800 ski resorts by 2022, laying the foundation for the winter sports industry to generate 1 trillion yuan (6 billion) by 2025 in gross revenue, including spending at venues, equipment production and training fees.
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The consumer price index (CPI), a main gauge of inflation, rose 2.3 percent year-on-year in August, compared with 2.1 percent for July, 1.9 percent for June, and 1.8 percent for both April and May, the National Bureau of Statistics (NBS) said on its website Monday.
The countdown for the Second China International Import Expo is displayed at the National Exhibition and Convention Center in Shanghai, July 28, 2019. [Photo/IC]
The country will further reduce policy barriers to private capital market access and fully carry out an updated version of the market access negative list, which will be completed by the end of this year, to make all non-forbidden areas accessible to private and overseas businesses, the statement said.
The country will actively negotiate and sign more high-standard free trade agreements and regional trade agreements while leveraging new technologies and channels to explore the international market, according to the guidelines.