The pilot FTZs in Hunan and Anhui will cover areas of 119.76 square kilometers and 119.86 square kilometers, respectively, government officials said.
The plan was released around 6:30 pm on Monday. News of the plan’s announcement surfaced on Sunday. Expectation of its release sent Hong Kong and Chinese mainland stock markets surging by a large margin on Monday.
The plane carrying the 10-member special delegation arrived at an airport in Seongnam, outside of Seoul, at about 6:00 pm local time, local TV footage showed.
The policies include free visits to the Potala Palace and other national 3A-level tourist attractions and above in the region, minimum 50 percent average off-season discount for airlines, and a minimum 50 percent discount for three-star hotels and above in the region compared with the peak season for tourism.
The plan showed the confidence of Walmart and Sam's Club in the sophisticated and differentiated development of China's retail market, Waits said.
The plant, the largest chemical cooperation project between China and Russia, has a designed capacity of 2.3 million metric tons/year polyethylene and 400,000 tons/year polypropylene. It is expected to begin operations in 2025, with most of its products to be sold in the Chinese market.
广州排名seo公司
The pilot program was scheduled to expire on Dec. 31, 2017. Wednesday's decision means the pilot program will be extended for one year until Dec. 31, 2018.
The platform has expanded the market for African products since Chinese consumers can now buy goods such as flowers, coffee and nuts. They can receive them in about two to five days.
The portal allows merchants, warehouse operators and logistics companies from both China and Europe to conduct real-time inquiries concerning the location of parcels being handled and transported.
The plant is expected to provide employment to over 300 locals and produce initially over 3.6 million toners cartridges, 6 million ink cartridges and 2 million powerbanks annually.