The Belt and Road Initiative, proposed by China in 2013, aims to build trade and infrastructure networks connecting Asia with Europe and Africa on and beyond the ancient Silk Road routes. It comprises the Silk Road Economic Belt and the 21st Century Maritime Silk Road.
The CNBC said in its report that firms in China not only resumed quickly but also helped suppliers across the border restart production, leading the international supply chain to recover.
The B767-300 freighter carried China-made mobile phone spare parts and other cargo, which were in high demand. The new route came soon after the airline opened a direct cargo route between Shenzhen and Chennai, in southern India, in early August.
The CRISPR technology is widely used in agro-industrial and pharmaceutical genetic engineering to improve yield for soybeans, corn and rice, for instance, through enhancing the resistance of crops to pollution and natural disasters.
The Beijing-headquartered group has shipped vegetables, rice, edible oils, meat and other foodstuffs to many locations in Central China's Hubei province and provided over 10,000 metric tons of ethanol for disinfection to 25 provinces, municipalities and autonomous regions since the start of the epidemic.
The Bank has committed billion in water resources and other ocean-related portfolio of more than billion, which include funds invested in a project in the Philippines and Indonesia, aiming to reduce the marine pollution, according to Bank executives.
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The CIFTIS is one of China's three major open exhibition platforms, together with the China Import and Export Fair, popularly known as Canton Fair, and the China International Import Expo, which have yielded fruitful results over past years.
The CARES Act included extra 0 weekly payments to the unemployed as well as a program of loans and grants for small businesses.
The Beijing municipal government also plans to gradually relocate some of its functions to Tongzhou.
The Brookings Institution, in an update to its Tracking Indexes for the Global Economic Recovery published on Sunday, also said China has led the global recovery, with both the industrial and services sectors revived, and many indicators of economic activity already above pre-COVID levels.