Spokesperson Lu Kang made the announcement at a routine news briefing, saying that the GMS is an important platform for economic cooperation in the subregion and has made positive contributions to subregional countries over the years.
Speaking on the sidelines of the forum, Anil Kishora, vice-president and chief risk officer of the New Development Bank, said the center will help BRICS countries pool ideas on how to best use technologies, including AI, big data and blockchain.
Special display areas for international porcelain brands, creative ceramics, high-tech ceramics and fine Chinese ceramics have been set up for visitors with specific interests.
Soybean farmer Raymond Schexnayder Jr. overlooks his farm outside in Erwinville, Louisiana on July 9. [Photo / Agencies]
Speaking at the launch, UN Assistant Secretary-General for Economic Development and Chief Economist Elliott Harris said the upward revision in the global economic forecast reflected in the report is positive news for the prospects of making tangible progress towards achieving the Sustainable Development Goals.
South Korea's Lotte Shopping said on Thursday that it has agreed to sell 21 Lotte Mart hypermarket and supermarket stores in China to Wumart Stores Inc for around 248.5 billion won (0.2 million).
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Speaking during the launch ceremony, Zhang Jie, chairman of China Wu Yi Kenya Company Ltd and Zhong Wu E-commerce Kenya Company Ltd, said the exhibition, their first ever, attracted more than 200 exhibitors and buyers.
South Korean companies such as Samsung and LG account for the majority of that revenue, but experts said more Chinese companies are entering the market.
Speaking during their send-off party at Nairobi's Intercontinental Hotel, James Macharia, the Cabinet Secretary in the Ministry of Transport, Infrastructure, Housing and Urban Development, thanked CRBC for its continued support.
Speaking after the races, Uhuru Kenyatta, the president of Kenya, said the Beyond Zero initiative has gone a long way in supporting the national programs.