China and Portugal will further enrich business ties in areas, including energy, finance, tourism and infrastructure, as well as third-party market development, thanks to development opportunities brought about by the Belt and Road Initiative, according to officials and academics on both sides.
Improved political and business ties - supported by factors such as diversified tourism products, simplified visa procedures and the development of the Belt and Road - will further stimulate people-to-people exchanges and tourism between China and Portugal over the next decade, according to travel industry experts.
China and Pakistan are looking to further enrich their business ties in areas including multimodal goods transport, high-end manufacturing, renewable energy sources and other service sectors under the Belt and Road Initiative.
ISLAMABAD - A Pakistani private transport company launched a bus service connecting Pakistan and China on Saturday.
The China-Pakistan Economic Corridor, a flagship project under the Belt and Road Initiative, is a network of highways, railways, pipelines and optical cables currently under construction throughout Pakistan.
One of China's first coastal provinces that carried out the opening-up policy, Shandong has always held an open and win-win attitude to welcome friends worldwide in the past four decades, local officials said. It has established 457 foreign sister city relationships and friendly partnerships and expanded its foreign communication and cooperation in the fields of politics, economy, culture, education, technology and sports.
Eastern Shandong province is speeding up the creation of a modernized agricultural sector - helping its rural population to become more affluent amid China's calls for rural revitalization, leading officials said.
The cities of Jinan, Qingdao and Yantai - three core areas in promoting Shandong's ongoing plan to transform old economic growth drivers - have been drawing up their own related development blueprints and promoting their advantages in industries and investment.
Eastern China's Shandong province is expected to achieve initial success within three years, and make breakthrough progress within five years, in replacing old economic growth drivers with new ones, a local official said. Liu Jiayi, Party chief of the province, said: "Shandong is embracing a golden development opportunity by taking up this major task, through which the province will foster competitive industrial clusters and contribute to the construction of a modern economic system in China."
Shandong is using the latest technology to extract the most from its vast marine resources in order to continue to develop and promote strong growth in related industries, said Liu Jiayi, Party chief of the province at a recent government work conference.
Swedish automaker Volvo Car Corp plans to introduce more models into China as it plays catch-up in the world's biggest car market.
Making lives a little brighter for left-behind and migrant children, BMW has set up a football tournament summer camp, part of its effort to be a responsible corporate citizen of Chinese society, said Johann Wieland, president and CEO of BMW Brilliance Automotive.
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