The Silk Road Fund and European Investment Fund entered into a Memorandum of Understanding on Implementing the First Co-investment of the China-EU Co-investment Fund and Further Strengthening Cooperation on Monday to mark the commencement of the full operation of the China-EU Co-investment Fund.
The State-owned enterprise started its second self-organized train service from Chongqing to Vilnius, the capital of Lithuania, on April 3 after launching service from Yiwu to Poland on March 27.The train has carried 44 rail containers with 300 metric tons of epidemic prevention goods, as well as mail, to Lithuania on a 10-day journey.
The Times reports that?Amazon is close to a deal with New York City and Arlington, Va. Over the weekend, The Journal reported that Amazon was in advanced talks with Northern Virginia, Dallas, and New York City. Both stories rely on anonymous sources familiar with the HQ2 search.
The Thai prime minister commended the strong leadership of the Chinese government as well as the people-first philosophy it upholds in responding to COVID-19, and he appreciated China's commitment to make a vaccine a global public good once it is successfully developed.
The State Council has approved the establishment of a new interministry joint conference to oversee vaccine management nationwide in the latest move to further ensure vaccine safety and protect the health of youth.
The Starbucks Reserve Roastery, which is the company's largest store of its kind, opened three years after the chain launched its first Roastery in Seattle. It is planning to open similar outlets in Milan, New York and Tokyo soon. The two-story Shanghai outlet spread over 2,700 square meters, offers multiple brewing methods, specially crafted teas and freshly baked Italian food. Customers can use their mobile devices in the store to have the augmented reality experience.
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The Shanghai government, for example, upgraded more than 6,500 shared parking slots to encourage the public to use shared parking.
The State Council announced the revision of regulations on foreign banks and insurers on Tuesday. China relaxed market access rules for foreign insurance companies, such as removing requirements that companies that apply to establish foreign-invested insurers in China have a track record in the business of over 30 years and have a representative office in the country longer than two years.
The Shanghai municipal government on Monday released a 23-point action plan to develop the city's "online new economy", which employs technologies like artificial intelligence, 5G networks and big data to transform and empower traditional industries. The bevvy of measures is aimed at transforming the metropolis into a budding highland with global influence and national superiority by 2022 by prioritizing four goals and identifying 12 key industries for development. Under the "Four 100+" initiative, Shanghai is aiming to foster over 100 innovative enterprises, roll out over 100 application scenarios, nurture over 100 brands and achieve over 100 key technological breakthroughs, said Wu Jincheng, chair of the Shanghai Municipal Commission of Economy and Informatization, a key industrial development planner. A total of 12 sectors under the auspice of the plan are given priority, including industrial internet, consumer-facing fresh produce e-retailing, online education, online finance and telemedicine.To ensure smooth implementation of the plan, local authorities have pledged to launch six dedicated initiatives and introduce five measures to construct ecosystem parks that will bolster its development.
The Trump administration, under Section 232 of the US Trade Expansion Act of 1962, is reportedly considering imposing steep tariffs on steel and aluminum imports of 24 percent and 10 percent, respectively.