The travel time will be reduced to about four and a half hours, State-owned China Railway Corp said on Thursday.
The two sides have also signed a memorandum of cooperation on tourism and an agreement on the training of skilled personnel. A total of 450 senior skilled personnel from Chongqing have gone to Singapore for training. Since 2016, over 1 million tourists have traveled between the two nations.
The two courts are located in the Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone.
The uncertainties and recession risk have rattled financial markets, prompting sell-offs across asset classes and causing a shortage of US dollars on international financial markets.
The tunnel runs through six faults in the Hengduan Mountains on the Qinghai-Tibet Plateau. It would have been beyond imagination to build on the earth fractures 20 years ago, said You Hongsheng, a spokesman for No 4 Company of China Railway First Group Co, which is digging the tunnel.
The traditional Chinese art form, pingshu, or storytelling, was born in the Song Dynasty (960-1279) and has been popular with audiences mostly in northern China.
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The traditional TV market is almost saturated and companies need to seek new growth points, said Dong Min, an independent researcher in the home appliances sector.
The two companies inked a strategic cooperation agreement last March to seek business partnership in the NE industrial chain.
The traditional rental mode in China requires tenants to pay a three month's deposit plus one month's rent in advance, and brokerage fee equivalent to a half to one month's rent. "Which would be a large amount of money for me," Liu said.
The uncertainties resulting from China-US disputes in trade and the technology sector and the decline of the global economy may also pose risks for China as these factors could hit the country's exports. In addition, the possibility of a re-escalation of the COVID-19 pandemic as the weather cools down in the third and fourth quarters also means that policy easing may step up again, economists said.