The Cabinet said in a statement following Wednesday's executive meeting that the government will continue to cut red tape and improve services to foster a more welcoming business environment for foreign investment.
The Chinese companies investing in the park come from various sectors, such as aluminum processing, machinery manufacturing, trade and logistics, metallurgy, packaging, and food and beverages.
The China (Hubei) Pilot Free Trade Zone and the China (Henan) Pilot Free Trade Zone were launched on April 1, together with another five in Chongqing municipality and Liaoning, Shaanxi, Sichuan and Zhejiang provinces.
The China Securities Depository and Clearing Corporation released a draft with specific focus on CDR registration, depository and clearing operations on May 21. The public had until June 1 to comment on the draft rules. Earlier May, China Securities Regulatory Commission sought public opinion until June 3 for draft rules on CDRs, with detailed procedures and information disclosure requirements.
The Chinese clothing brand Eve Group brings together fashion with Chinese traditional embroidered flourishes and a modern sensibility, after 15 years of preparation.
The Cambodian king said that as the world's second largest economy, China is playing an increasingly important role in the world, bringing tangible benefits to countries around the globe including Cambodia.
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The CSRC said the pilot program will also provide social capital with new investment channels, as the publicly offered REITs feature high liquidity and steady return.
The China-Thailand railway will be finally connected with the China-Lao railway, thus using Chinese technology, which has been widely recognized across the world, will make it more accessible in the connectivity plan, said the expert.
The Chinese gold industry is struggling to build strong brand images that appeal to younger consumers, as the industry's new target market now sees jewelry primarily as a fashion statement, not an investment.
The Chinese government is dedicated to curbing rising house prices this year. In June, house prices in the first-tier cities of Beijing, Shanghai, Guangzhou and Shenzhen were stable compared with the prices in May, according to the NBS.