The newly-opened virtual store at Tmall will provide about 3,800 Ikea products, which is about 40 percent of all products that Ikea provides in a physical store. Delivery services will be provided by third party logistics companies, while Ikea will be responsible for warehousing. Assembly services will be provided by companies designated by Tmall.
The new regulations also indicate the cautious stance of the government on overseas investments by SOEs, experts said.
The new draft was submitted to the National People's Congress (NPC) Standing Committee on Monday at the start of its bi-monthly session for the third reading.
The new joint venture will focus on business operations in property and asset management, as well as integrated facility management.
The new rules required those who do not live on the island but want to buy houses to provide 60 months of tax records for the past 60 months in Hainan from at least one member of the applicant's family.
The new scheme includes encouraging employees to pursue their passion with their credits, such as learning a new skill or taking up a hobby.
治疗新冠病毒阴茎勃起硬度下降淮北
The new plan will spur huge amounts of investment, up to at least 10 trillion yuan (.58 trillion), said Liu Guoqing, chief analyst of machinery industries at Pacific Securities. Investments into Xiongan should be at least comparable to the Binhai New Area in Tianjin, which was established in 2009 and has seen about 1 trillion yuan of investment in each of the past nine years, he said.
The new arrangement is an extension and optimization of the current 72-hour visa-free transit policy, according to the exit and entry administration of the Sichuan provincial public security bureau.
The new capabilities, unveiled Wednesday at Amazon’s Alexa Live event, come as Alexa usage has spiked during the pandemic with people spending more time at home. Engagement with Alexa skills has nearly doubled over the last year.
The national flags of China and the United States. [Photo/Xinhua]