The projects will be presented in a road show in front of seasoned investors, experienced entrepreneurs and representatives from government bodies during the 2020 Young Sustainable Impact China Summit, which is scheduled to kick off in July.
The president pointed out that the two sides should continue with high-level exchanges, enhance the top-level design of bilateral ties, encourage exchanges in all areas and make full use of all ways to continue dialogue.
The program is part of the Alexa Fund, Amazon’s 0 million venture capital arm for voice tech startups. Amazon has invested in more than 70 companies over the past five years as part of the fund.
The program will run in China, India, Indonesia, Malaysia, Philippines, Thailand and Vietnam.
The president said that the rate hike, as well as the shrinking of the Fed portfolio, "is an absolute terrible thing to do at this time," Mnuchin tweeted.
The projects involve the land development, constructing residential and commercial buildings, improving the environment and tourism development of Baiyangdian-a freshwater lake in the area, as well as building infrastructure such as transport links, energy and public facilities.
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The projects — which involve a wide range of industries, including artificial intelligence, 5G, digital economy, financial services, headquarters economy, cold chain logistics, culture and tourism — are expected to play a big role in accelerating the economic development of the southern metropolis in the years to come, Wei Min, deputy director of the Guangzhou Bureau of Commerce, said on Wednesday.
The project is on the slopes of Fenglong Mountain in Luquan district in southwestern Shijiazhuang.
The project, together with the China-Russia crude oil pipelines and the China-Kazakhstan oil pipeline, will also ensure oil import diversification, he added.