The agreement came after the second round of working-level talks to discuss security, protocol and media coverage during the summit was held in the border village of Panmunjom earlier in the day.
The annual hour-long event features floats, dancing and traditional Chinese celebrations. Food is also a huge part of the festivities, with dumplings, spring rolls, rice cakes and fish topping the list.
The area still needs to improve its hutongs' environment, repair derelict buildings and restore heritage sites. More business is needed to attract more young people and those who love the culture of the old city.
The announcement coincided with the UK-China High-Level People-to-People Dialogue, which is a key pillar in the UK-China relationship. It provides a forum to celebrate ties between the two countries, and a platform to drive greater cooperation.
The aid comes in forms such as tuition fee exemptions, living allowances, scholarships and student loans.
The announcement was made by the Egyptian Agriculture Export Council in a press release.
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The agency said the typhoon caused over 1 billion pesos (roughly .7 million) in damage.
The airport has launched a series of services targeting the needs of Chinese passengers such as Chinese-speaking services and Chinese signboards and maps.
The agriculture department will soon release a new list of the country's livestock and poultry, as a consequence of the recent ban on trade and consumption of wild animals across the country, a senior official said on Thursday.
The annual Central Economic Work Conference held in December called for the building of a long-term mechanism to maintain the sound development of the real estate market and adhering to the principle that "housing is for living in, not speculation."