The Belt and Road Initiative, China's drive to revive ancient trading routes to carry goods across regions ranging from Europe to Africa, will be heavily reliant on efficient transportation systems via the Silk Road Economic Belt and 21st Century Maritime Silk Road.As such, the nation's oceangoing merchant fleet is becoming increasingly important, but low wages, poor onboard conditions and long absences from home mean young people are shying away from a life at sea.That reluctance is a new phenomenon. Forty years ago, being a seaman on a merchant ship was a respected and sought-after job because the wages were good and the opportunities for overseas travel were very attractive.However, there was another crucial factor: the chance to buy one or even all of the "four essential items"-a television, a refrigerator, a washing machine and a tape recorder.These items represented status and fortune, but most people found them almost impossible to obtain. Sailing was one of the few jobs that offered relatively easy access to them."At the time we were allowed to buy one of the four items-minus import duty-for every 90 days we spent aboard ship. They weren't available at home," said Huang Jialin, who has been a sailor for more than 30 years.The 57-year-old is captain of the MV Tianbaohe, a container ship owned by China Cosco Shipping Corp, whose 1,114-vessel fleet is the largest in the world."We earned high incomes, supplemented by a daily subsidy of .30 while we were at sea," he recalled. "My salary was 10 times more than my wife's. Being a sailor was a valued job back then."
The Belarus-China industrial park in Minsk, Belarus. [Photo/Xinhua]
The CPC national congress takes place once every five years. The delegates are not full-time and have jobs from all walks of life, including state leaders, officials, workers, farmers and teachers.
The BRICS countries – Brazil, Russia, India, China and South Africa – signed an agreement in July 2014 to set up the NDB.
The CDB inked a memorandum with Deutsche Bank AG, one of the largest lenders in Europe, on Wednesday for an initial cooperation plan worth about billion during the next five years.
The COVID-19 outbreak earlier this year meant that blood reserves were low as most people were stuck at home and unable to donate blood. To address this issue, Bloodline started a recruitment drive that attracted 200 donors.
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The Austrian capital is one of the top destinations for Chinese visitors to Europe, ranking fourth after London, Paris and Prague, but higher than Rome, Madrid and Athens.
The Bank is also ready to continue the dialogue with China's financial community on cooperation in all areas of banking services, Ananich said.
The BRI has made positive progress toward raising the sustainability of its infrastructure projects, which will be key to making the initiative a success in the coming decade, according to a report released by global law firm Baker McKenzie in March.
The Belt and Road Initiative, which involves infrastructure projects across the globe, could bring opportunities both at the design and construction phase and after the infrastructure was built, Lundstedt said.