Sun Fuquan, a researcher at the Beijing-based Chinese Academy of Science and Technology for Development, noted that "China has been a pillar market where the US gained its fastest export growth," but there's a continuing trade imbalance because "many US goods are less competitive in the Chinese market".
Supported by the National Development and Reform Commission, the alliance aims to export China's achievements in biomedicine to the friendly neighbors involved in the Belt and Road Initiative, realizing the international application of technological achievements, said Zhao Chunhua, director of the Tissue Engineering Center at the Chinese Academy of Medical Sciences, at the China International Annual Meeting on Biology and Medicine.
Sun's warning came after the nation's banking regulators disclosed that during the third quarter of the year, the average nonperforming loan ratio of all commercial banks rose to 1.96 percent, up by 0.02 percentage points from the end of the first six months.
TAIPEI - Taiwan's exports rose in June to the highest ever level for the period after dropping for seven consecutive months, the latest trade data revealed.
Sun Zhi, a scientist with the Institute of Process Engineering of Chinese Academy of Sciences, answers questions from the students of the Chuiyangliu Central Primary School in Chaoyang district, Beijing, on September 9. [Photo provided to chinadaily.com.cn]
TIANJIN -- Tianjin Port in North China's Tianjin Municipality saw its cargo throughput rise 4.3 percent year-on-year to 336 million metric tons in the first three quarters of 2020, according to Tianjin Port (Group) Co Ltd.
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Sun Shihai, a researcher with the Chinese Academy of Social Sciences, said both China and India share common interests in various areas, including trade and economy.
Sun said China's huge market potential, abundant human resources and maturing industries were very attractive to high value-added capital, and many foreign companies had established their research and development centers in China.
Sun Ziyu, vice-president of Beijing-headquartered China Communications Construction Co Ltd, said the No 1 container terminal project of the Chuanshan port of the Ningbo-Zhoushan Port in eastern China's Zhejiang province, passed inspection late last month. Together with the No 2 to No 11 terminals, it makes the Chuanshan port the world's second-largest single container port by cargo handling capacity. The project, built by a number of CCCC subsidiaries, will relive the shortage of berths in the Yangtze River Delta region, he said.
Sweden's PTS had announced a ban last month on the use of telecom equipment from Huawei and ZTE, another Chinese telecom company, in its 5G networks, citing national security concerns. Huawei said such accusations do not have any foundations.