Briefly

Xuzhou-Mingguang road work advances

A new highway project under construction connecting Xuzhou in Jiangsu province and Mingguang, a county-level city in Anhui province, reached a milestone on Wednesday, said China Railway 24th Bureau Group Corp, a State builder participating in the project. Work on prefabricating the first box girder reached completion. Prefabrication is key to the box girder installation progress. The highway is expected to facilitate the integrated development of the Yangtze River Delta region, CR24 said.

Mastercard's JV starts bank card clearing biz

Mastercard's joint venture in China announced the official commencement of its bank card clearing operations on Thursday, issuing Mastercard-branded cards with its member institutions for domestic and international use. Mastercard NetsUnion Information Technology (Beijing), a joint venture of Mastercard and NetsUnion Clearing Corp, received formal approval from the People's Bank of China, the country's central bank, in November last year for bank card clearing business in the country.

Xinhua - China Daily