Speculative investors will be discouraged from obtaining insurance licenses and using insurance companies as financing platforms for certain interest groups, Zhu said. He added that the regulation will help sharpen the focus of the industry on the insurance business and value creation for insurance customers.
Spain has a “large pool of engineers” who have shown great “talent and creativity,” said Terry Hanold, Amazon’s international vice president of technology, in a statement. “And we are happy to create a technology team in Madrid that is able to develop new features for our customers in Spain, Europe and around the world.”
Speaking on a joint press conference with his Azeri counterpart llham Aliyev in Ankara, Erdogan stressed the importance of TANAP for bilateral economic cooperation, adding that Azerbaijan is set to become a leading foreign investor in Turkey.
Sport-oriented tourism has become the next big thing. The Ministry of Culture and Tourism predicted that Chinese people will make 1 billion trips for sport between 2017 and 2020, 15 percent of total travel in the period, creating a trillion-yuan (9.5 billion) market. The country is also seeing more tourists heading aboard to experience or receive professional training for extreme sports.
Speaking at the virtual meeting from Geneva, WHO chief Tedros told the health ministers that his agency "has sounded the alarm bell loud and clear" since the beginning.
Speaking at a meeting with executives of 10 foreign insurers in Beijing on Wednesday, Chen said institutions that have already been operating in the China market are encouraged to enter more sectors including casualty, retirement, and healthcare insurance.
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Speaking of synergizing development strategies and expanding pragmatic cooperation, Xi called Turkey an important partner in jointly building the Belt and Road.
Spanish retailer Zara, with some 170 stores in China, listed Taiwan as an independent country in a description of its clothes recycling program on zara.cn. It said it has installed recycling containers in China, and will spread the program to "countries" including Taiwan.
Specifically, Guangxi will explore becoming a pilot area for Qualified Domestic Investment Enterprises, where qualified institutions are allowed to invest funds raised domestically in overseas markets.
South Korea's free trade agreement (FTA) with the ASEAN came into force in 2012, with the country already signing separate bilateral FTAs with some of the ASEAN member countries or pushing for negotiations for new bilateral free-trade deals.