China has no intention of tightening or relaxing its monetary policy, a central bank vice-governor said on Thursday. Analysts said such a stance is reasonable as the economy has stabilized in the first quarter.
Work on China Southern Power Grid's 24.25 billion yuan ($3.59 billion) Wudongde DC (direct current) Project, the world's first multi-end flexible ultrahigh voltage direct current power transmission (UHVDC) project, is progressing steadily and expected to start operations by 2020, a company official said.
It's just past noon and 40-year-old Zhao Hongwei is getting ready to climb a 40-meter power tower to carry out routine maintenance work, shortly after finishing a seven-kilometer patrol on foot 2,600 meters above sea level.
China's central bank released more funds into the market, but in a more cautious way than expected, to guide capital into small and private companies instead of broadly easing monetary policy, according to a statement on Wednesday.
The United Kingdom has given the green light to Chinese telecom giant Huawei Technologies Co to help build the country's next generation mobile communication technology network, said the Daily Telegraph newspaper.
The International Road Transport Union, the organization that manages Transports Internationaux Routiers operations, or the TIR, with United Nations' authorization, is seeking to diversify its cooperation with China's customs to further facilitate goods trade via more convenient road transportation methods, said a senior official on Wednesday.
Financial entities from Switzerland signed two memorandums of understanding with Chinese counterparts on Tuesday, as visiting Swiss President Ueli Maurer embarked on a weeklong trip to China to deepen the "already very good" bilateral relations.
Summers in Egypt can be unusually warm and last July was no exception. As the temperatures soared to 70 degrees Celsius, the massive construction site of Egypt's new administrative capital was almost heated up like a sauna.
Top companies and business leaders worldwide have shown great interest in the second China International Import Expo, to be held in Shanghai from Nov 5 to 10. The organizer said it would welcome attendees with more exhibition areas and better services.
China Unicom announced on Tuesday the launch of its 5G trial network in seven cities, further pushing the nation to the global forefront of this key technology infrastructure.
The New Zealand trade delegation to the upcoming Belt and Road Forum for International Cooperation in Beijing is looking forward to finding opportunities for cooperation between the two countries at the event.
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