The project heralds the coming of age of Chinese infrastructure players, industry insiders said. Chinese companies are no longer content bagging projects to build massive stadiums across the world.
The president said Africa will achieve more economic growth when nations opt to work together.
The prices of the means of production rose 3.3 percent year on year, contributing 2.47 percentage points to the PPI growth in November.
The premier said it is hoped both sides can really take each other's development as an opportunity and help build the East Asian community while promoting their own growth via cooperation in innovation and healthy competition.
The presentation on Douyin, a popular Chinese short-video platform, was watched by a multitude of viewers.
The program is sponsored by the Administrative Committee of Hengqin New Area.
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The press service said the program includes the creation of a database of industry-specific experts in order to facilitate the exchange of scientific and technical talents; the development of cooperation in humanities by means of exchanging instructors, students, and schoolchildren; organizing joint study and research; and sharing best practices in city transportation management, as well as transportation planning for the 2022 Winter Olympic Games in Beijing. The program will also foster exchanges on coronavirus control, the treatment of COVID-19, and diagnostics work.
The project welcomes both government input and social investments.
The proportion of a society's population that is comprised of persons aged 65 or older is called "the aging rate." The labels of aging, aged, and super-aged societies refer to those with an aging rate above 7 percent, 14 percent, and 20 percent, respectively.
The project is AIIB's first corporate loan and first investment in China. It will be carried out by the Beijing Gas Group Company and will involve construction of natural gas distribution networks and low pressure gas pipelines and household connections.