In the past two years, Hainan has been committed to taking opening-up as a top priority. The resort island offers greater visa-free access and duty-free shopping for tourists and built an air transport network called four-hour and eight-hour flight economic circle as well as implemented a free trade account system.
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In the short term, it is important to adhere to a proactive fiscal policy and prudent monetary policy, and enhance policy coordination and flexibility, he said.
In the recent five years, with the new digital technology, thriving sharing economy and rising environmental awareness, shared bikes and public bikes have gathered strong momentum, marking the return of the "Bicycle Kingdom".
In the past decades, Temasek has been expanding its investments in China due to rising confidence in the country's economic development, said Wu Yibing, head of Temasek China. Wu added that China has been the company's second largest investment destination after Singapore, making up 26 percent of its total net investment value.
In the statement, Tommy Thomas said the arrival of the yacht was a result of "sensitive and delicate negotiations" conducted at the highest level of different agencies among Indonesia, Malaysia and the United States, thanks to the Mutual Legal Assistance Treaties.
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In the past, the US and Europe were the main markets for Dafen's painters.
In the planned second stage of ownership reform, YNBY Holdings will be merged into its listed subsidiary YNBY Group through a share swap plan. All of YNBY Holdings' shareholders will become direct shareholders of YNBY Group.
In the same month, China promulgated a policy that demands carmakers in the country to produce a certain number of new energy cars starting in 2019 while gradually cutting fuel consumption of their traditional cars.
In the long run, beyond measures to strengthen productivity growth and sustain a more balanced growth, Goldberg suggested China address the critical challenges of a rapidly aging population and environmental degradation,