The city’s riverfront Strip District — which is being reframed as Robotics Row — has been dubbed Pittsburgh’s “mini Silicon Valley.”?The city’s leadership in autonomous vehicle technology received national recognition when Uber selected Pittsburgh to begin testing self-driving cars, which are frequently seen buzzing around the streets of Pittsburgh (with drivers behind the wheel, just in case).
The city is also making every effort to create a globalized and convenient business climate, fully compliant with international laws, for international investors, said the mayor.
The central bank official said additional countercyclical measures will be taken to maintain ample liquidity and further reduce the lending rates.
The city currently has over 300 British-funded firms whose investment in the city has totaled more than billion, Wuhan mayor Wan Yong said at a business event attended by Liam Fox, the UK Secretary of State for International Trade, along with over 40 entrepreneurs from the United Kingdom.
The city's industrial added value exceeded 808.76 billion yuan, up 9.3 percent from that in 2016, a record high since 2014.
The central government collected more than 1.82 trillion yuan in fiscal revenue, up 19.1 percent year-on-year, while local governments saw fiscal revenue expand 12.7 percent to 1.83 trillion yuan.
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The city will further cut red tape, aiming at shortening the approval of new businesses to two days and the registration of real estate to three days.
The city in Guangdong province announced on Aug 17 it has become the first Chinese city to achieve full-scale 5G deployment, with more than 46,000 base stations having been built so far.
The center, Techcode Langfang, will be designed to help promote the commercialization of research findings of the Beijing-Tianjin-Hebei region.
The city was told by the National Development and Reform Commission to immediately resume the backup coal-fired power plant run by China Huaneng Group.