The Sino-US trade tension will not push any country or region to replace China's position in terms of supporting the global supply chain, he said, adding that because of the differences of language, currency and political systems, the member economies of the Association of Southeast Asian Nations cannot match China's ability in manufacturing, services and logistics operation, especially in the area of high-end factory business.
The State Council held four executive meetings in March and April to map out details for the tax cuts and fee reductions.
The Silk Road Economic Belt and the 21st Century Maritime Silk Road Initiative, proposed by China in 2013, aims to build a trade and infrastructure network connecting Asia with Europe and Africa along the ancient trade routes of the Silk Road.
The Sino-Japanese entrepreneurs and former high-level officials dialogue, coorganized by China Center for International Economic Exchanges and Japan Business Federation and held in Japan and China alternatively, is aimed at enhancing mutual trust and understanding between entrepreneurs of the two countries and providing positive energy for bilateral relations.
The Skytrax World Airline Awards are recognised throughout the world as a valued benchmarking tool that is independent, impartial and global. The survey measures passenger satisfaction among business and leisure travellers, across all cabins (First Class, Business Class, Premium Economy Class and Economy class).
The State Council has decided to expand the medical insurance scheme's coverage to include outpatient medicines for treating high blood pressure and diabetes in an effort to reduce the burden on patients.
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The State Administration of Foreign Exchange, the country's top foreign exchange regulator, issued a statement on its website on Thursday, saying that the US dollar's strengthening against most major currencies was one of the key reasons for the drop. It means the non-dollar assets' value in the reserves comes down in dollar terms.
The Shanlian Brush Factory, where Ma works now, had more than 500 workers in those days. Ma and his peers still recall the familiar scent of their childhood, a mixture of glue, wool and timber.
The Shanghai-based company has a presence in more than 300 cities across the country, with its daily orders surpassing 20 million. It was also among the first to waive deposits for bike users with a good credit record.
The Sichuan FTZ covers nearly 120 square kilometers, with 100 sq km in Chengdu and the rest in Luzhou. Of the Chengdu part, more than 34 sq km are in Shuangliu.