The Chinese Ministry of Commerce said on Tuesday that Chinese companies had increased investment in 55 countries along the Belt and Road route in the first half year, with a total of .4 billion, up 12 percent year-on-year. The contract value of newly-signed contracted engineering projects in countries along the route was .79 billion.
The China Container Industry Association said on Nov 27 that the surge in China's exports and the low turnaround rate of containers from abroad have triggered an increased demand for containers of China origin since July. The association has urged the manufacturers of shipping containers to ramp up production and ease the shortage of containers.
The China Dividend report has shown that, in the second full year of its operation, the positive impacts associated with the route have become more pronounced and more widespread.
The China Securities Regulatory Commission, the country's top securities regulator, said on Dec 24 that it had agreed the IPO registration of UCloud Technology Co Ltd, a Shanghai-based cloud computing services provider, signaling that the company will debut soon.
The Chinese government has rolled out a slew of policies to support service sector companies. In 2016, it introduced value-added (VAT) reform, the most significant tax overhaul for two decades, to reduce the burden on service industries, which have historically paid a disproportionate share.
The China Automotive Technology and Research Center estimated the country would see 350,000 tons of batteries disposed of by 2025.
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The ChiNext Index, together with the Shenzhen Component Index and the Shenzhen SME (small and medium-sized enterprises) Board Index, are major indices reflecting the performance of stocks listed on the Shenzhen Stock Exchange.
The China-Europe freight train service was launched in 2011 and has grown rapidly under the Belt and Road Initiative proposed in 2013.
The Chinese director says his inspiration have come from the hope that more children could spend less time on computers, more time on communication with family and friends.
The China (Pilot) Free Trade Zone in Pudong, which was the country's first FTZ, was officially unveiled in September 2013. Up to 100 policies first tested in Pudong, such as the negative list mechanism for foreign investment, have now been promoted nationwide.