To ensure adequate supplies, State Grid initiated 10 measures, including a 110 million yuan (.6 million) donation, continuous electricity supply to the 17,000 Wuhan households in spite of unpaid utility bills, and 57 free charging stations in the city. It has also vowed to reduce power costs by as much as 48.9 billion yuan for industrial and commercial enterprises in an effort to ensure a steady energy supply for fighting the novel coronavirus.
Timothy Barnes, president of Asia Pacific Consulting, said that China's global trade position has shifted dramatically over the last 12 months, primarily due to Trump pulling out of the TPP.
To further improve the city's infrastructure, Guangzhou will form an urban light rail network of 2,000 kilometers by 2035, five times longer than the city's current network. It will build 10 new subway lines, totaling 258.1 kilometers, between 2017 and 2023. Construction of the new lines will cost an estimated 219.6 billion yuan (.9 billion).
To efficiently prevent the disease, courts across the country have been ordered to solve easy cases, or those with clear facts and sufficient evidence, by simplifying procedures in line with laws, the top court said, adding about 40 percent of epidemic-related criminal cases have been concluded in this way as of March 4.
To build e-commerce infrastructure and enhance regional connectivity, Alibaba has launched a virtual hub with easier entry for smaller firms in Malaysia, and also plans a hub in Thailand. Alibaba payment affiliate Ant Financial plans Alipay-like mobile payment services this year in other economies related to the Belt and Road.
To exploit that potential, Mammut is offering both contemporary and innovative designs of premium winter sports equipment. Besides, its Mammut Alpine School teaches Chinese people how to ski and how to be safe in the snow.
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To catch up with the global AI leaders, 18 provinces, regions and municipalities in China have introduced new policies to promote AI-related industries, while 27 provincial-level regions have announced plans to build AI industrial parks.
To ensure reasonable, fair and orderly competition among various market players in the payment industry, the two political advisors suggested legislators work quickly to draft laws regarding electronic payments.
To date, 2,020 companies from 38 countries and regions have been approved to ship meat imports to China. From January to August, the country imported 6.58 million metric tons of meat products, exceeding last year's total import volume.
To date, 57 companies have completed the issuance, raising a total of 82.38 billion yuan (.7 billion), according to the report.