Yu Song, business manager at Xinjiang Alashankou Jie'an Logistics, echoed Dang, saying it once took one or two days to finish customs clearance but now it takes half an hour, which saves time and money.
Yigen Pei, managing director and head of Citi China treasury and trade solutions, said: "It has been 20 years since Citi started to offer cash and treasury services in the China market. The FMDB license is an important milestone that sees us extend our cash and treasury services to clients that trade on financial exchanges."
Yumen is at the west of the Hexi Corridor, a major part of the Silk Road. It is also only a few hundreds kilometers away from Dunhuang, home to the world-renowned Mogao Caves, and Yumen Guan, the entrance to the old trade route.
Yu urged young entrepreneurs to strengthen faith in national development and make further contributions to the progress of socialism with Chinese characteristics.
Yum China has posted a 1 percent year-on-year rise in same-store sales in the first-quarter, helped by a jump in takeout demand and performance improvement at its flagging Pizza Hut brand. Same-store sales were flat in the last quarter of 2016. Hence, the first-quarter show is seen as a positive, given that Yum started trading as a stand-alone company in November.
Yet, market demand remains robust, and the ongoing consumption upgrade trend will not change, meaning it is unlikely that Moutai's prices will plunge in the near future, BOC said.
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Yet, the advantages Manila has in terms of both the English-speaking environment and the comparatively low labor costs cannot be ignored, Chen said, adding the country can export high quality labor force to Hong Kong and other economies along the Belt and Road.
Yu Ruifen, founder and president of Laiyifen, said that the annual growth rate of imported food has stayed at around 20 percent in recent years. The company's ultimate goal is to expand its supply chain all over the world, she said.
Ymatou will continue to improve its logistics. "We'll mainly focus on the evaluation and operation of railway channels between China and Europe, and therefore improve the supply-chain efficiency for European large commodities to enter the Chinese consumer market," said Zeng.
Yili Nutrition 2020, a program targeting poverty alleviation, benefited 600,000 people in 25 provinces and regions with an investment of 52 million yuan by the end of 2018.