The move is expected to attract considerable interest from private investors, industry insiders said.
The move is among a number of measures to accelerate cultural and business activities during night time in China. Many cities, especially metropolises such as Beijing, Shanghai and Guangzhou, have rolled out plans to support nighttime consumption, aiming for new economic momentum in the service sector between 6 pm and 6 am.
The municipality pledged financial support to the construction and development of the stores.
The move aims to protect the legitimate rights of consumers and trademark holders, safeguard and ensure a market that is equal and fair for all competitors, and provide an inviting environment for consumers and investors, the administration said in a statement.
The movie defeated the Hollywood blockbuster "The Fate of the Furious," which earned 2.67 billion yuan in China in 2017, and clinched the No.5 spot in terms of box office revenue in the Chinese market, according to Maoyan.
The move aims at harnessing private capital to fast track delivery of projects while also easing government investment when undertaking mega infrastructure projects in the continent.
重庆输卵管切除多久恢复
The move will make Volkswagen the second foreign carmaker to have a controlling stake in a Chinese joint venture after BMW. The equity change in JAC Volkswagen is part of the company's 1 billion euro (.1 billion) deal signed on Friday in Beijing to acquire a 50-percent stake of Chinese partner JAC Motors' parent Anhui Jianghuai Automobile Group Holdings.
The most frequented nighttime locations include cinemas, theatres, food streets and food stalls, convenience stores, shopping malls, restaurants, KTV and night clubs, showed the survey.
The move is part of a bid to further optimize the country's business environment and increase the efficiency and effectiveness of international trade.
The most important festival to Chinese, Spring Festival usually falls in January or early February. This year, Spring Festival Eve falls on Thursday, one day after Valentine's Day.