The alliance should provide a mechanism for taking on the poverty challenge from all possible, or at least, multidisciplinary, angles, he said.
The amount is the second highest among all investment destinations only after Singapore, and higher than the combined volume of the company's investment in Europe and the United States.
The agreement was signed by Wang Bin, chairman of China Jiangsu International and Ahmed Al Sayegh, chairman of ADGM in Abu Dhabi.
The annual Central Economic Work Conference, which concluded in Beijing on Friday, had vowed to keep macroeconomic policies consistent, stable and sustainable, while ensuring stable leverage. As far as monetary and credit policies are concerned, the central bank will keep broad money supply, or M2, and aggregate financing growth in line with China's nominal GDP growth.
The agency warned of mudslides and flooding and called on voters to watch out for the weather condition when they go to the polling stations.
The announcement caused a short breakdown on the social platform with millions likes and comments within several hours.
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The advisory applies to the states of New York, New Jersey and Connecticut, citing "extensive community transmission" in the area and urging residents to avoid travel for 14 days.
The alignment can boost bilateral cooperation in traditional and emerging areas to expand cross-border trade and further develop Russia's Far East area, said Li.
The announcement of the factory was also on the same date that Shanghai rolled out the details of a 100 policies on further opening-up, which encourage foreign investment in advanced manufacturing, including foreign-funded new energy automotive projects.
The announcement said that Sansha has been approved by the State Council, China's Cabinet, to establish Xisha District and Nansha District.