The CIFTIS also sends out a strong signal that open cooperation and free trade still prevail in the world, given the rise of trade protectionism and economic nationalism in recent years and the hype of "de-coupling" theory since the COVID-19 outbreak.
The Beijing section of the railway line is expected to enter trial operation in July this year along with the Beijing Daxing International Airport or the Beijing new airport.
The Beijing-based company said in a report filed to the Shanghai Stock Exchange Saturday that it reaped 1.89 billion yuan (0 million) in net profits in the first three months, but its business revenue dropped 5.14 percent to 17.9 billion yuan. Earnings per share rose to 0.16 yuan from 0.13 yuan a year ago.
The Beidou network, mainly constructed by CASC, is one of the four space-based navigation networks along with the United States' GPS, Russia's GLONASS and European Union's Galileo.
The BRICS Games features five BRICS member countries - Brazil, Russia, India, China and South Africa, with 10 events up for grabs in three sports - men's basketball, women's volleyball and Wushu.
The CBIRC previously unveiled revised management regulations to ease foreign banks' access by allowing them to establish branches and foreign-funded corporate banks at the same time, eliminating requirements on total assets and widening the selection range.
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The C919's latest test flight comes at a time when its competitor Boeing's B737 Max jets remain grounded worldwide following two fatal crashes - one on Oct 29 last year in Indonesia and the other on March 10 in Ethiopia - that killed a total of 346 people.
The CDC said 70 percent of those reporting health problems related to vaping are men under age 35 with a history of using tetrahydrocannabinol, or THC, the psychoactive element in marijuana that gives users a "high". However, US government investigators have not conclusively linked the vaping illnesses and deaths to THC.
The CIRC said it will keep the company private, that Anbang's debts and obligations will not be affected. It did not provide more details.
The Beijing-based company reported its second-quarter revenue grew 15 percent year-on-year to 7.1 billion yuan ( billion). But its report noted that iQiyi's net loss expanded to 2.3 billion yuan from 2.1 billion yuan during the same period in 2018.