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The Guangdong-Hong Kong-Macao Greater Bay area includes nine cities in Guangdong Province.

The GAC will improve taxation efficiency and enhance risk control this year while continuing to streamline taxation procedures, Yu said.

The Hong Kong-Zhuhai-Macao Bridge has a designed life span of 120 years. [EDMOND TANG/CHINA DAILY]

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The Hulunbuir factory is the 22nd facility Nestle has set up in China and its fourth dairy manufacturing site in the country. Nestle said it will make efforts to minimize any interim impact and ensure a smooth transition.

The IMF and the World Bank Group will hold their annual spring conference in Washington later this month, with central bank governors and finance ministers from member economies discussing key issues facing global and regional economies.

The German car group said it sold 639,953 BMW and MINI cars in China last year, up 7.7 percent year-on-year, the best year since BMW's arrival in 1994. Its accumulated sales have since reached 4 million in the country, its largest single market.

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The Fed also revised its economic projections to show a smaller decline in the gross domestic product (GDP), or the value of all goods and services provided in a year and cut its estimate of the unemployment rate through the remainder of the year.

The Houston-based oilfield services company Baker Hughes reported that the number of oil rigs operating in the United States fell by four while those seeking natural gas dropped by one, driving the overall rig count down to 1,047.

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The French company based in Paris owns labels such as Gucci, Yves Saint Laurent, Balenciaga, Alexander McQueen and Bottega.

The First Hospital of Hunan University of Chinese Medicine will provide skilled staff and technical support for the program.