China National Petroleum Corp, the country's largest oil and gas producer, aims to start operating its new refinery in the country's southwestern Yunnan province by June, an auxiliary project of the China-Myanmar crude oil pipeline.
Deutsche Bank AG, Germany's largest lender, said on Wednesday that it plans to finance $3 billion worth of projects in partnership with the China Development Bank in the countries and regions taking part in the Belt and Road Initiative.
China overtook the United States and Japan to become the biggest player in acquisitions in Belt and Road economies in 2016, and the trend will continue, according to a report by Thomson Reuters and the Chinese Academy of Social Sciences on Wednesday.
European companies are hoping that a bilateral investment treaty between China and European Union can be concluded within 12 months to sustain their robust growth momentum in China, a key European business body said on Wednesday.
Shanghai authorities have vowed to encourage real economic growth by supporting innovation, entrepreneurship and effective market-oriented business conditions.
China's first domestically manufactured cruise liner will be delivered in 2023, followed by a delivery rate of one vessel per year between 2024 and 2028, said a senior executive from one of the companies involved in the China-built cruise project.
Good medical treatment and advanced telemedicine services are making Northwest China's Xinjiang Uygur autonomous region an attractive destination for patients from Central Asian countries, health officials said.
In 1984, Northwest China's Ningxia Hui autonomous region produced its first bottle of wine. And 33 years on, the beverage is not only a key local industry but Ningxia's mascot that the world recognizes.
Horgos city of the Xinjiang Uygur autonomous region in Northwest China is fast emerging as a strategic location economically, riding opportunities presented by the Belt and Road Initiative.
If a Chinese book becomes a bestseller in the domestic market, it's likely that its Arabic version will be published in Arab countries in just eight months.
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Raymond Zhou
Op Rana
Berlin Fang
Zhu Yuan
Huang Xiangyang
Chen Weihua
