The China-ASEAN Free Trade Area was established in Asia in 2010. It is a free trade area with the largest population established entirely by developing countries. On the basis of the 10 + 1 framework, the RCEP among 10 + 6 (refers to 10 countries of ASEAN and six other countries in the Asia-Pacific region) will become a higher level of free trade regional cooperation agreement following World Trade Organization rules.
The China Banking and Insurance Regulatory Commission issued revised rules for the implementation of the regulations on foreign insurers on Friday, easing foreign ownership curbs for life insurance joint ventures from 50 percent to 51 percent, which will be further relaxed to 100 percent from next year.
The Chinese government advocates building a community of shared future for humanity, it added.
The Chilean government stated on Thursday that it will have more than 30 million vaccines to combat the virus in 2021, with the initial vaccination period utilizing 20,000 doses of the Pfizer-BioNTech vaccine.
The Chinese business community is eager to invest in Kenya and expand its manufacturing base in line with the Kenyan government's ambitions, says Guo Ce, the economic and commercial counselor of the Chinese embassy in Nairobi.
The China Africa Industrial Forum has also invited ambassadors of these countries to illustrate the development and investment environment of their countries at the fair.
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The Chengdu airport, which is expected to come into service by 2021, will become the largest airport in Southwest China, with an expected capacity of 90 million passengers a year.
The Centers for Disease Control and Prevention (CDC) has said masks should be worn only by medical professionals and those with the virus, adding that the best way to stay healthy is to wash your hands and avoid touching your eyes and mouth.
The China-Europe freight train for cross-border e-commerce waits to depart from Zhengzhou, capital of Central China's Henan province, March 2, 2019. The train, named "Cainiao", left Zhengzhou for Liege of Belgium. [Photo/Xinhua]
The China-proposed Belt and Road Initiative, which calls for better economic connectivity, political coordination and cultural exchanges among countries and regions, has won positive reaction in Finland.