The bank also helped the company to become a qualified contractor as it bid for wind energy projects. CITIC offered performance guarantees to the contractor, backing the full and due performance of the contract, according to the plans and specifications.
The biennial Hamburg Summit, which was initiated by the Hamburg Chamber of Commerce in 2004, serves as an important platform for discussing China-EU economic cooperation. Schroeder is the forum's honorary chairman.
The authorities have set a target of generally completing the key missions and control financial risk at a certain level by 2020, according to the PBOC official.
The base will focus on film and television, digital content and creative design. Cultural industries and tourism will also be developed.
The author is China Daily EU Bureau chief based in Brussels. The views do not necessarily reflect those of China Daily.
The author is an associate professor at the School of International and Public Affairs, Jilin University.
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The bilateral accord, which established Paraguay's purchasing timeline from Itaipu through 2022, was signed on May 24 and never officially made public.
The balancing act is also affected by seasonal influences, such as extreme weather and the Spring Festival migration when people leave big cities where blood centers are situated.
The bank announced its transformation into a retail bank in 2016, mainly serving individuals and small companies.
The average investment volume for each project is around 3.8 billion yuan. The projects will be mainly located in Sichuan and Guizhou provinces besides Chongqing, the host city of the 2020 Smart China Expo.