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Cooperation initiative released for int'l land-sea trade corridor - China News


2021-05-21 17:05:18 GMT2021-05-22 01:05:18(Beijing Time) Xinhua English
CHONGQING, May 21 (Xinhua) Countries along the New International Land-Sea Trade Corridor and 14 Chinese provinces, autonomous regions and cities jointly released a cooperation initiative at a trade and investment fair in southwest China s Chongqing Municipality Friday.
The cooperation initiative was issued by Indonesia, Vietnam, Laos and other countries along the trade corridor with 12 provincial-level regions of western China, the southern island province Hainan, and Zhanjiang city in the Guangdong Province, at the ongoing third Western China International Fair for Investment and Trade, or the WCIFIT.
The parties should mobilize their strengths to facilitate trade, promote investment, improve industrial chains, optimize supply chains, enhance value chains, and facilitate high-standard regional economic integration, the initiative said. ....

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2020's Top 10 Business News Stories-- Beijing Review


  ·  2020-12-18  ·   Source: NO.52 DECEMBER 24, 2020
Workers on the construction site of a bridge meant for rail transit in Chongqing Municipality, southwest China, on July 15(XINHUA)
1 Economy Gains Positive Growth
Despite the impact of the novel coronavirus disease (COVID-19), the Chinese economy is projected to achieve positive growth in 2020. China will grow by 1.9 percent, the only major economy that could see growth this year, the International Monetary Fund forecast in its latest World Economic Outlook report on October 13.
According to the National Bureau of Statistics (NBS), the first three quarters registered a 0.7-percent growth year on year. The GDP is expected to exceed 100 trillion yuan ($15.3 trillion), as per the communiqué of the Fifth Plenary Session of the 19th Central Committee of the Communist Party of China (CPC) issued in October. ....

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