This year's fair takes place amid stepped-up US sanctions, the minister noted, while acknowledging the efforts made by Cuba and other countries to hold the fair despite the intensification of the US trade embargo.
This year, the general index reached a record high of 124, compared with 113 a year ago. The latest index unfolds a promising picture, supported largely by the gradually improving development environment, large potential, accelerating speed of infrastructure project development and growing passion for cross-border infrastructure projects. It implies there could be more opportunities for international contractors and investors, as the general index is expected to see a steady rise in the next three years, said Fang Qiuchen, chairman of China International Contractors Association during the 9th International Infrastructure Investment and Construction Forum in Macao.
This year, to support the development of the real economy, the Chinese government has set the goal of reducing taxes by as much as 800 billion yuan (7 billion) and administrative fees by 300 billion yuan.
This year, President Moon Jae-in, who describes himself as a feminist president, is testing a new angle: showing women more respect.
Those investments have come with a cost and provoked doubts from some Wall Street naysayers, though the Seattle-based company still commands a whopping stock market valuation of 4 billion.
This year the CIIE also organized a promotion event enabling food companies from Taiwan to meet potential mainland buyers. More than 70 firms from Taiwan have discussed business with leading online shopping platforms and over 60 off-line dealers from the mainland.
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Thomas Schmitz, president of Andritz (China) Ltd., said his company has built a close relationship with local scientific research institutions and invested 3 percent of its revenue in R&D.
This will no doubt be further demonstrated and reinforced at the Forum on China-Africa Cooperation that is due to be held in Beijing in September. Coming as it does the back of Xi's trip, the forum provides a good opportunity for the two sides to further strengthen their ties and chart the future course of relations.
This year, SAIC GM upgraded its traditional 4S stores to 7S stores, adding used car servicing, sharing services and financial support. SAIC Volkswagen has added smart services, sharing and social service at their 7S stores.
Those who fail to rectify their illegal operations will be suspended or removed from App stores based on relevant laws and regulations.