The inauguration of the newly-constructed 55-km-long Hong Kong-Zhuhai-Macao Bridge (HZMB) in October last year after about nine years of building, including a 6.7-km-long immersed tunnel, marks a landmark in the development plan of the GBA.
The innovative 24-meter tall SlideWheel, which eventually became a reality with the help of Chimelong's investment, combines sliding, swinging, twisting, shaking, rotating, and zero gravity into a single ride experience. It also uses LED light on the interior and exterior of the structure to create a light show for spectators.
The inland ports will offer customs and inspection services so that goods can be directly transported to the port of Qingdao and from there to their global destinations.
The idea of the insurance connect was proposed by Cheng and Insurance Authority Chief Executive John Leung Chi-yan to the mainland's banking and insurance regulator China Banking Insurance Regulatory Commission during a meeting last May. It received better-than-expected feedback from their mainland counterparts.
The insurance regulator will place further emphasis on the importance of risk control, and strengthen the sector's role of supporting the real economy, according to the statement.
The improving service sector suggests that China's economic recovery is "feeding through into businesses that were hit hard by the coronavirus outbreak and subsequent measures to contain its spread," said the report.
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The important experience gained by both sides is that China and the EU can build trust through equal dialogue, realize win-win results through mutually beneficial cooperation, manage differences through constructive communication, and deal with global challenges by strengthening coordination, Wang said.
The interest rate of new loans to small businesses with a total credit line of up to 10 million yuan was 6.75 percent in the first three quarters, down 64 basis points from the average lending rate for small businesses last year. The nonperforming loan ratio for such loans was 3.56 percent at the end of the third quarter, dropping 19 basis points from the end of the first half of this year.
The industrial park, also known as the Great Stone, is being built near the Belarusian capital of Minsk. The two countries have agreed to connect the park to China's Belt and Road Initiative, which runs through Asia and Europe.
The increasing number of overseas companies in Hong Kong also boosted the number of people engaged by the overseas and the Chinese mainland companies – which reached an all-time high at 493,000 this year – an increase of 11.3 percent compared with 2017.