Companies from both sides plan third-party market tie-ups for growthChina and Austria will sign a memorandum of understanding on third-party market cooperation on Sunday, as the two countries look to develop further with the Belt and Road Initiative framework, said an official at the National Development and Reform Commission.Wang Jianjun, director general of the department of foreign capital and overseas investment at the NDRC, said more opportunities and favorable conditions will be available for companies from both sides.'Companies from both nations are highly complementary, showing great p...
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This year, the Ministry of Ecology and Environment, together with four other ministries, released the 'Guidance on Promoting a Green Belt and Road'. Realizing this ambition requires green finance－the full range of financial services that support the transformation to an environmentally and climate-friendly economy.Green finance in China has seen strong development based on the 'Guidelines for Establishing a Green Financial System' published by the People's Bank of China (the country's central bank) and six other government agencies in 2016. In 2018, the Chinese green bond market became the sec...
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5G technology will become the new growth engine for China's digital economy, providing a solid foundation for the country's artificial intelligence (AI) development, according to market consultancy IDC.The fifth-generation mobile network will play an increasingly important role in driving China's economic growth, with its contribution expected to increase from 0.1 percent in 2020 to 5.8 percent by 2030, it said.The digital economy will be the core in the future and China is working actively on that, Kitty Fok, managing director of IDC China, said on Tuesday at IDC Directions 2019 in Shenz...
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2019
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