The rapid growth of express delivery services has created more jobs, with the number of employees in the sector up 130 percent from January 2014, according to the CFLP.
The reform also could effectively prevent illegal activities such as money laundering, which in turn translates to a more secure online payment environment for customers, said Wang Pengbo, an analyst at Beijing-based consultancy Analysys. Wang said no change in user experience is expected.
The recent BRICS summit is expected to bring more international visitors.
The reform measures for outbound investment come at a time when China is stepping up efforts to open its financial market.
The recent marginal fine-tuning comprises only structural operations that aim to drive monetary policy back to a more neutral status that matches the demand of economic growth, without any skew of easing or tightening, experts said.
The province announced earlier this month that it plans to establish another offshore duty-free shop in Boao, a town in the city of Qionghai.
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The recent retreat came as the Chinese government has been taking multi-pronged measures to boost supply, including increasing subsidies to restore hog production, releasing frozen pork reserves and expanding pork imports.
The reason is simple: Whereas the industry has built its strong and unprecedented COVID-19 response on a robust innovation ecosystem, the market for antibiotics is broken.
The province also encourages tourist spots to collaborate with local hotels and restaurants through launching package tours to attract more tourists with reduced travel fees.