20201107 China News
Source: | Author:eacham | Published time: 2020-11-07 | 672 Views | Share:
China is expected to have attracted a total of $690 billion in foreign direct investment during the 13th Five-Year Plan (2016-20) period, and will offer its pilot free trade zones greater capacity to attract more global investment over the next five years, government officials said on Thursday.


The third China International Import Expo is promoting wider and deeper collaboration between China's State-owned enterprises and businesses around the world. This further testifies the country's commitment to opening-up, said business leaders from both domestic and foreign companies.


The number of China-Europe freight trains hit a record high of 10,180 this year, as of Thursday, data from the China State Railway Group Co., Ltd. showed Friday. Freight trains have played a crucial role in helping stabilize the international logistics supply chain, transporting 927,000 twenty-foot equivalent units of cargo as of Thursday, up 54 percent from a year earlier, according to the company.


Merlin Entertainments, a global leader in location-based entertainment with brands including Legoland, Madame Tussauds and the Dungeons, announced that it has entered an agreement with the Shanghai Jinshan District Government, CMC Inc and KIRKBI to develop a Legoland Resort.


As COVID-19 cases rebound sharply in countries from North America to Europe, Chinese embassies in several countries, including Russia, the US, and the UK, are now requiring Chinese and foreigner passengers flying to China to present negative result of serum IgM antibody test, in addition to usual negative result of nucleic acid test before boarding their flight.


Joining forces to deal with risks and challenges, to promote security and stability and to revitalize economies will be the focus of President Xi Jinping's discussions with fellow leaders at the upcoming Shanghai Cooperation Organization summit.


China's service imports are expected to reach $2.5 trillion in the next five years as the country continues to open up its vast market, according to the country's commerce ministry.


Source:Globaltimes,Xinhuanet,Chinadaily,Shine,Gdtoday，China Plus News

Author: Producer Emilio Mendez

Speaker: Caroline Parraguez

Edition: EAcham

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