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The procurement agreement is for an initial three years, with a minimum commitment of 0 million in beef to be imported by JD from Cross Four Ranch and MSGA members at fair market value during the term. It is estimated that JD's purchase of Cross Four Ranch and MSGA beef will increase Montana beef export sales by as much as 40 percent in 2018.

The president said the friendship between Myanmar and China has been forged on a deep foundation, hoping that both sides would strengthen cooperation on project construction with the framework of China's Belt and Road Initiative including the Myanmar-China economic corridor.

The program will not only help Chinese students in the UK to overcome difficulties, but will also "deepen the friendship between two peoples in China and the UK", and promote the development of the China-UK "golden era", he said.

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The program, which is commissioned by the government of Xiongan, will connect buildings and underground tunnels in order to deliver goods to pick-up lockers. The express parcels might be sent directly from the underground logistics channel to the doorstep of users.

The program has been well-received by universities and organizations.

The premier underscored the need for timely monitoring and analysis of the changing situation, as he recognized that China's development faced unprecedented difficulties and challenges due to the pandemic and the global recession.

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The project undertaken by China Railway Engineering Equipment Group Co Ltd uses a supportive structure to protect the ground work while drilling an underground tunnel, which is located 6 meters under a 3,000-square-meter public square.

The promise came after Chinese President Xi Jinping announced on Sunday that two of China's banks, the China Development Bank (CDB) and the Export-Import Bank of China (EIBC) will set up special lending schemes respectively worth 250 billion yuan (.6 billion) equivalent and 130 billion yuan (.9 billion) equivalent to support Belt and Road cooperation on infrastructure, industrial capacity and financing.

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The project, called Kalamata, has been approved by the company's executives but is still in early stages of development and may face a multi-step transition, the report said.

The property sector was also highly profitable, with Poly Real Estate Group and Greenland Holding Group raking in profits of 18.8 billion yuan and 11.66 billion yuan, respectively.