Guangzhou, capital of South China's Guangdong province, is transforming from an ancient commercial city to a new international network city, supported by three strategic hubs.
Home to ports crucial to the construction of the 21st Century Maritime Silk Road, Guangzhou, capital of South China's Guangdong province, endeavors to be a driving force for trade and bilateral ties with countries and regions related to the Belt and Road Initiative.
About one year ago, the Myanmar government approved Guangzhou-headquartered Guangdong Zhenrong Energy's 5-million-metric-ton oil refinery project, the largest overseas Guangzhou-invested project along the Silk Road Economic Belt and the 21st Century Maritime Silk Road.
Guangzhou is seeking to establish more sister and friendly city relationships to strengthen international exchanges with cities related to the Belt and Road.
Chinese overseas investment from Guangzhou Development District reached about $454 million last year, a remarkable increase of 199.8 percent year-on-year, an official in the capital of South China's Guangdong province said.
The coal-fired power plant constructed by Chinese companies in Vietnam is expected to generate as much as 9 billion kilowatt hours of electricity annually by 2019 to help solve the power shortages in southern areas of the country.
Pan-Asia Pet Resin (Guangzhou) is set to construct a chemical fiber production base in Saudi Arabia with an annual output value of $4.8 billion. The base is expected to improve the country's capacity to produce its own plastics and fiber.
BUDAPEST - The Hungarian renminbi market has grown successfully, and renminbi, or Chinese yuan-based loans, accounts and deposits are available, National Bank of Hungary's executive director Daniel Palotai said.
BUDAPEST - The Central and Eastern European Federation of Chinese Medicine Societies was founded in Budapest in March.
In the decade since the global financial crisis, economies around the world have been navigating uncharted territory, as new challenges in the rapidly changing environment called for new solutions in economic policies.
The Hungarian Export-Import Bank and the Hungarian Export Credit Insurance Company, together referred to as EXIM, aim to boost ties with China, riding on the tide of the Belt and Road Initiative.
The government of Hungary has made considerable efforts in recent years to strengthen economic relations between Hungary and China and to expand the frameworks of cooperation.
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Raymond Zhou
Op Rana
Berlin Fang
Zhu Yuan
Huang Xiangyang
Chen Weihua
