The costal city of Dalian in Northeast China's Liaoning province, where the DCE is based, will support the DCE in its expansion and speed up making the city into a global commodity pricing and risk management center, said Tan Chengxu, mayor of the city.
The country will improve innovative capability and industrial chain modernization in order to speed up building intelligent and smart railways, providing safe, reliable and efficient transportation services.
The country's GDP grew 6.9 percent in 2017. GDP growth data for the first quarter are scheduled to be released on April 17.
The corporation, which has set up long-term economic and trade cooperation with more than 50 African countries so far, has been operating mostly in projects focused on economic and trade cooperation and in transportation, industrial and housing construction in overseas markets. Trade contracts with African countries in 2017 reached 1 million, he said.
The conglomerate will tap into eight businesses already based in the national development zone, boosting the ancient city’s development by making use of its advantages in internet finance, data, retailing and e-commerce.
The contract will see Lafarge to supply cement for all eight packages of work for the ECRL project from now until Dec 31, 2019.
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The concept of the "green travel bubble" involves the easing of travel restrictions between two or more countries that record low local COVID-19 infections.
The country will intensify anti-monopoly supervision and prevent disorderly capital expansion next year, according to the annual Central Economic Work Conference held in Beijing last week.
The cost of living in China's first-tier cities is now among the highest in the world, according to a survey by consulting company Mercer.
The corona is a "very strange, unfamiliar environment for us".