In recent years, China has streamlined administrative reviews, focusing more on compliance oversight to make the business environment easier for private and foreign investors.
In response to this crisis, TransparentBusiness donated million worth of free software to China through the Chinese ambassador in the US to enable efficient remote working in the affected areas.
In response to the large number of students staying at school during the Chinese holiday, cultural differences and their complex mobility, the college is disseminating standardized protection knowledge and the latest news of the novel coronavirus both online and offline to ensure everyone stays informed.
In recent years, an increasing number of Chinese pharmaceuticals have filed abbreviated new drug applications to the US authorities for their generics, because the eye the huge US market, but also because Chinese authorities encourage the development of high-quality generics, and would adopt fast-track review for generics that are made in China and have received US approvals, according to Lei Jifeng, company board member of the company.
In such a group, if one person from a family plans to go to the supermarket to buy necessities, he or she will ask other families whether they want anything. If someone goes to the community gate to take delivery of a package, they ask others if they want goods collected.
In past, rescue teams were scattered, but now they'll be under a single body
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In that sense, Hormats noted, the top two world's economies should not "stovepipe" bilateral issues like trade deficits and job displacement, instead the two great countries should have "very comprehensive mindsets" and look at things in a "holistic way."
In terms of brand value, Chinese brands roared 937 percent in brand value over 12 years. Their total value now reached 6 billion and they now comprise 11 percent of the total, according to the report, which has been tracking brand values for 12 years.
In retaliation for US President Donald Trump's proposed billion in tariffs on Chinese-made products, China said it would impose tariffs on billion worth of US products, including some aircraft.
In terms of cross-boarder e-commerce, the customs has comprehensively cracked down on bogus products both online and offline.