More investment needed to improve logistics and contacts
Chongqing, and the coastal city of Zhoushan, in Zhejiang province, are being tipped by shipping experts as hot favorites to be chosen as new free trade zones for the third round selection, as the central government devotes more resources to developing the Yangtze River Economic Belt within its 13th Five-Year Plan (2016-20).
The sheer scale of the Chinese market gives the country an edge to develop smart manufacturing, the global chairman of the professional services firm Deloitte Touche Tohmatsu Ltd said.
China's goal to enlarge its import volume over the next five years will stimulate services trade opportunities for developed countries as the government is offering wider market access to global companies, a senior official said on Thursday.
Li Shichao, a native of Wuhan on the Yangtze River in Hubei province, has always been fond of water and ships. On World Water Day, observed annually on March 22, he sat in front of monitors watching vessels pass through the Three Gorges Dam, the world's largest hydropower project. For him, it was just another Tuesday.
Consumers with the ability to pay a premium for organic food are encouraging pig breeders in the mountains of eastern China's Anhui province to embrace new business opportunities that are expected to boost their incomes.
Jack Ma and Mark Zuckerberg share thoughts on innovation, culture and philosophy
Negotiators have already completed 24 rounds of talks
Technology major LeEco Holdings Co Ltd is gearing up to become a global company with plans to enter several overseas markets within the year.
Chinese investment conglomerate Fosun International Ltd, founded by "the Chinese Warren Buffett" Guo Guangchang, is believed to be speeding up its overseas expansion with its latest acquisition in London.
Genting Hong Kong Ltd, the global leisure, entertainment and hospitality corporation, has announced details of its maiden cruises, designed specifically for high-spending Chinese travelers.
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