The transfer of public institutions from Beijing to Xiongan will also be hastened, and reforms in these institutions will be accelerated in the process.
The two nations are expected to begin negotiations on an agreement for an Eurasian economic partnership in the near future as they have already completed a joint feasibility study, the Ministry of Commerce said.
The two heads of state agreed to expand bilateral, mutually beneficial and friendly cooperation in various fields and push the China-Argentina comprehensive strategic partnership for greater development. Nuclear energy, sports and infrastructure were among the highlights of the 16 cooperative documents signed between China and Argentina.
The two platforms announced a strategic cooperation Monday, leveraging their crowdfunding services and other resources to cooperate on the introduction and promotion of products and market development, among others. The two sides also plan to establish a project dedicated to promoting Chinese brands via crowdfunding.
The two countries should uphold multilateralism, free trade and the international system with the United Nations as its center, he said.
The two institutions have invested an initial 0,000 into the program, to last for the next three years. If the fund succeeds, the universities anticipate increasing their financial support significantly.
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The two shops, one in the capital city of Haikou and another in Boao town of Qionghai City, cover 38 duty-free categories ranging from perfume and cosmetics to bags and suitcases.
The two investment units-China Telecom Group Investment Co Ltd and Tianyi Capital Holdings Ltd-were registered in October and November with capital of 5 billion yuan each, according to Tianyancha, a data bank that tracks business registration information in China.
The two-day forum starting May 14 may go some way to showing that the initiative proposed by China in 2013 can do that job.
The two countries' ground and air forces jointly practice three stages of classic warfare: the mechanized defense, fire strike and counterattack.