To break the deadlock, CZBank agreed to pay a default penalty on behalf of either party if it fails to uphold the business contract. The bank would recover its costs later from the defaulting party, whose credit report would be updated if it fails to make a repayment.
To address the imbalances, both countries should carry out structural reforms rather than just narrowing the trade deficit.
To allow animals to be observed more closely, drivers are allowed to stop their vehicles, but it is suggested that a distance of at least 90 meters be kept between visitors and potentially aggressive animals such as wolves and bears. For creatures such as buffaloes, elks and hunting dogs, the minimum suggested distance is 23 meters.
To achieve this goal, the commission will establish a strategic partnership with China Construction Bank, the country's second largest State-owned commercial lender by assets. Both parties have recently signed a memorandum of understanding to jointly initiate the establishment of a development fund for strategic emerging industries. They also are looking forward to attracting social capital for investments in these industries by setting up subsidiary funds, according to the commission.
To ensure adequate gas supply for the biggest gas-consuming nation worldwide, PetroChina, as CNPC is known sometimes, has been diversifying its channels to import more gas from abroad, including conventional gas, shale gas, tight gas and coal bed gas.
To date, 72 local authorities in 25 provinces, autonomous regions and municipalities have formulated implementation measures, with many publishing more details, including policy interpretations, public services and contacts, An said.
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To better provide auxiliary facilities for visitors, the area has optimized road signs, public washrooms, and arranged more police officials.
To deal with such pressing problems, government officials are keen to overhaul how a city is managed by leveraging the latest technologies such as artificial intelligence, the internet of things, big data and cloud computing.
To avoid disturbing the pandas, the railway was designed either to go around the panda's major activity region or run through tunnels within the Tianhua Mountain area, according to Lai.
To address problems like low voltage and insufficient supply, China started a round of electricity power grid upgrades in rural areas in 2016 to ensure stable nationwide coverage by 2020.