The ChiNext Index, China's NASDAQ-style board of growth enterprises, gained 4.38 percent to close at 1,533.87 points Friday.
The China-Laos railway has a total length of 414.332 kilometers with over 62.7 percent of bridges and tunnels, linking Mohan-Boten border gate in northern Laos and capital Vientiane. Operating speed on the route is designed at 160 km per hour. Construction of the project is scheduled for five years with investment of some 40 billion Chinese yuan (.8 billion), 70 percent of which comes from Chinese investment and the rest 30 percent from Lao side.
The Chinese Academy of Sciences announced on Monday that it had suspended two scientists who were present during a Taoist ritual-meant to convey blessings of safety and success-at the groundbreaking ceremony for its advanced nuclear facility in Gansu province on Thursday.
The China Iron and Steel Association on Friday called on the Chinese government to retaliate against the US move by targeting "stainless steel products, galvanized sheet, seamless pipe, coal, agriculture products and electronic products," imported from the US, the association said in a statement posted on its website.
The China-Europe cargo train from Yiwu, Zhejiang province, to Madrid has become an important bridge of Eurasian connectivity and one of the first outcomes of the Belt and Road Initiative, said Wei Jianguo, vice-chairman of the China Center for International Economic Exchanges.
The Chinese character "kun", meaning trapped, is picked as the word of the year for 2019 across Taiwan Strait. [Photo/Xinhua]
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The Chinese government has always asked Chinese companies to conduct international cooperation on the basis of obeying international rules and local laws, Zhao said. The Indian government has an obligation to follow market rules and protect the lawful interests of international investors, including Chinese ones, he said.
The China (Zhejiang) Pilot Free Trade Zone is banking on developing bulk commodity trade and high-end manufacturing to drive growth as it races to catch up with more established rivals such as Singapore and Hong Kong in the Asia-Pacific region, by operating a free trade port.
The Chinese government has adopted preferential policies for areas where ethnic minorities live and impoverishment is most serious. The country rolled out a strategy this year designed specifically for the Tibet autonomous region, the predominantly Tibetan areas of Sichuan province, Nujiang prefecture in Yunnan province, Linxia prefecture in Gansu province and four prefectures in the Xinjiang Uygur autonomous region including Kashgar, Hotan, Kezilesu Kirgiz and Aksu.
The Chinese currency, however, can remain strong against the US dollar in the short term, as the interest rate margin between China and the United States may continue to be enlarged, putting the renminbi under appreciation pressure, it said.