In sharp contrast, bilateral trade accounts for only a small proportion of the global total. Areas such as trade, investment, infrastructure, information technology, the Internet, cultural tourism, health care, and many other fields hold great potential for cooperation.
In talks with Rebelo de Sousa, Xi said China and Portugal are important strategic partners for each other, with great convergence in their interests and strong complementary aspects in their economies.
In quest for net zero emissions by 2050, pricier carbon can also act as incentive
In terms of products, Chinese people expect cars with a longer range but shorter charging time, the survey found. The report showed that 77 percent of the respondents would want their electric car to run more than 200 kilometers on one charge, while 38 percent would want 300 km.
In recent years, banks have sold a colossal volume of complex, high-yielding wealth management products to retail investors, which many believe are implicitly guaranteed by the banks. In reality, many of those disguised loans, channeled through a chain of intermediaries including trusts, securities and asset managers, are directed to fund firms that are willing to pay higher interest.
In past years, whether it was intended or unintended, the perception was that taking a bet on AWS meant taking a bet on the public cloud. In other words, there was an unintended consequence of AWS as “all in on public cloud or nothing.”
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In response of China's peak consumption of steel, Jacques said the full impact of Belt and Road Initiative should be also considered, as investment on infrastructure outside of China could have a positive impact if the steel, or the copper or whatever the product, will be produced in China or shipped out of China.
In terms of the development of the private sector, the report noted China will work to foster an enabling environment and give private businesses equal access to production factors and policy support.
In the 170 years since the publication of the document, the world has seen China emerge from its position as a weak, less-developed country into a prosperous nation, break away from the development model of the West and figure out a more suitable pattern of modernization.
In recent years, CCCUK has worked closely with the British Government and other chambers of commerce here in the UK to host large business events attended by ministerial-level and even higher-level officials.