The Chinese economy has encountered unprecedented challenges this year as the COVID-19 pandemic, which has weakened the world economy, and rising global trade protectionism have combined to exert serious pressure on both domestic consumption and exports.
The Chinese embassy in London put Coates forward for the award in recognition of more than a decade of strategic collaborations with leading Chinese researchers in the area of advanced materials, particularly those applied to healthcare technologies.
The China-US Friendship Demonstration Farm, to be located in Luanping county, Hebei province, will include an educational agriculture site modeled after a farm near Maxwell, Iowa, owned by Rick and Martha Kimberley and their son Grant. The demonstration farm is a joint project of Iowa and Hebei. Its educational components will include visuals of modern agriculture technology such as machinery, and advances such as grain storage and drying, as well as test plots.
The Chinese embassy in Canada on Wednesday voiced its "firm opposition" to the reported arrest of Meng Wanzhou.
The Caixin China General Services Purchasing Managers' Index surged to 55 in May, the highest level since late 2010 and up from 44.4 in April, according to a report released by media group Caixin on Wednesday.
The Chinese government has enacted preferential measures on new energy vehicles in rural areas that will last until December, in an effort to boost sales and the rural revitalization strategy.
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The China Chamber of Commerce for Import & Export of Medicines & Health Products also issues force majeure certificates so as to help related companies partly or completely waive, or delay, fulfilling contractual obligations.
The China Banking and Insurance Regulatory Commission (CBIRC) distributed a work plan earlier this year together with several other government departments to encourage local governments to raise funds in accordance with laws and regulations to participate in capital replenishment and risk mitigation of small and medium-sized banks.
The Chinese mainland's booming economic growth and a burgeoning middle-income earners with disposable income, along with changing social and cultural factors, have been cited as causes for the growing interest.
The China-Europe rail service was established in 2011 and is considered a significant part of the Belt and Road Initiative to boost trade between China and countries and regions participating in the initiative.