The project, comprised of hotels, rainforest recreation and ecological parks, will be jointly built by local Hainan Yanoda Yuanrong Travel Co Ltd and the US Discovery Communications and is expected to create around 4,000 jobs when in operation. The planning and design work began on March 19, said Hainan Daily.
The president received a warm welcome on his arrival, with local people holding up photos of the two leaders and waving the countries' national flags along the road.
The previous day, South Korea already sent the list of its five-member delegation to the DPRK. South Korea's chief delegate would be Unification Minister Cho Myoung-gyon.
The project has already started trial operations in 16 cities across China, which includes Tianjin, Chengdu, the capital of Southwest Sichuan province, and Suzhou of East China's Zhejiang province.
The president's order to ban WeChat, widely used by people of Chinese background in the US, is also facing legal challenges. On Friday, a nonprofit group called "WeChat Users Alliance" and several individuals filed a lawsuit in federal court in San Francisco, arguing that the executive order violated their First Amendment rights and other constitutional protections.
The president said SAP is looking to work with the National Development and Reform Commission, the Ministry of Commerce and China's top universities to create think tanks, and host sessions for idea exchanges and best practice sharing, with the goal of helping Chinese businesses.
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The project marks a milestone in the company's billion investment project announced in July 2018. The first plants will produce engineering plastics and thermoplastic polyurethane to serve the increasing needs of various growth industries in the southern China market and throughout Asia.
The principles aim to ensure that environmental consciousness, climate resilience, and social inclusiveness are built into new investment projects in the B&R. [Photo/VCG]
The project helped the number of online transactions in rural regions to reach 29.2 billion yuan (.41 billion) last year, according to the company, which added that 33 million people have lifted themselves out of poverty by becoming self-employed.
The program immediately became a hot topic nationwide, as the entertainment industry in China traditionally favors women in their early 20s or even younger.