The amount is the second highest among all investment destinations only after Singapore, and higher than the combined volume of the company's investment in Europe and the United States.
The app is expected to be expanded across Chongqing if the trial operation is successful.
The art exhibition
The announcement came after BlackRock, Singapore state investor Temasek Holdings and China Construction Bank Corp received approval from the China Banking and Insurance Regulatory Commission to set up a foreign-controlled wealth management joint venture in China.
The annual capacity of Honda in China is about to increase from 1.08 million units to 1.32 million units by next year.
The aid, carried by a Boeing-747 cargo plane of China Eastern Airlines, includes 100 boats, 500 tents and 100 water clarifiers.
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The announcement cast doubt about global growth.
The agreement was signed by Masood Malik, APP Managing Director, and Lychee Li, Deputy Editor-in-Chief of China Daily Website, at APP Headquarters, on the sidelines of two-day International Conference of News Agencies in connection with Pakistan's 70th Anniversary of Independence.
The ambassador tweeted a video clip Thursday that shows the pictures of the Flying Tigers — officially, the First American Volunteer Group of the Chinese Air Force — and its team leader, US aviator Claire Lee Chennault, who helped China during the war.
The approvals came as the Ministry of Government Legislation allegedly ruled that the Pyongyang Declaration does not require a parliamentary ratification.