Shanghai has taken another stride toward building itself into a global esports center, as it announced standards for the construction and operation of esports venues during the China Digital Entertainment Expo and Conference which ended on Monday.
Abu Dhabi Ports and Jiangsu Overseas Cooperation Investment Co Ltd (JOCIC) have signed a five-year agreement with Industrial and Commercial Bank of China, which is expected to facilitate Chinese companies operating at Khalifa Industrial Zone (KIZAD), Abu Dhabi's integrated trade, logistics, industrial and free zone, to further tap business opportunities in Belt and Road Initiative related economies.
An industrywide consensus to develop financial inclusion in China with a greater reliance on available technologies has been reached, financial service professionals and experts said.
On July 20, as if to silence even the most diehard sceptics, the Office of Financial Stability and Development Committee, which is part of the State Council, China's Cabinet, announced as many as 11 policies at one go to further open up the financial services sector.
Foreign players will play a bigger role in the Chinese financial services or FS market in the foreseeable future. That seems to be the consensus view of market experts.
Looking at the newly opened expressway leading to the new airport in Ulaanbaatar, capital of Mongolia, Ukhnaagiin Khurelsukh, the country's prime minister, said: "We are very happy" with the country's first expressway project as "it can play a very good role. The quality is very good and it is of very high standard".
China's financial services sector is seeing acceleration of opening-up, which will likely attract big names in the global securities industry, gradually reshaping the local securities landscape, experts said.
BEIJING - Competition in China's new energy vehicles sector is set to intensify as the country has been slashing subsidies for green cars, according to analysts.
Banks are important, but can be dangerous. Ideally, they should provide important services to a modern economy by helping people save while allocating the resulting capital to the best uses for society and by facilitating transactions.
The Greater Bay Area, or GBA, spans Hong Kong, Macao and nine cities in Guangdong province. A GBA framework agreement was signed by the National Development and Reform Commission and the governments of Guangdong, Hong Kong and Macao in July 2017.
On an ordinary night in 2004, 6-year-old Zhang Kai crawled into bed at his home in suburban Beijing, after his parents had long gone to sleep in their own room.
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