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.
UnionPay International signed agreements of cooperation with major financial institutions from Laos, Indonesia, Thailand, the United Arab Emirates and Uzbekistan on Tuesday, to promote localization of its business in countries and regions involved in the Belt and Road Initiative and to support people-to-people exchanges between China and these economies.
Fiscal policy will remain the key driver of China's economic rebound, focusing on supporting the real economy as monetary policy becomes more cautious, said analysts.
The National Bureau of Statistics reported last week that China's top-line GDP growth rate in the first quarter was 6.4 percent, at the upper end of the government's target of 6 to 6.5 percent growth for 2019. This faster-than-expected growth gives policymakers some breathing room to continue a stable monetary policy and to implement fiscal policies aimed both at transforming the economy and at reducing the risks of accumulated debt.
Micron Technology Inc, the US-headquartered semiconductor giant, is moving forward to advance its capabilities in China, its CEO Sanjay Mehrotra said, in a bid to gain a stronger foothold in the market and meet rising demand in the coming years.
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