The Changzhou People's Procuratorate said in the trial that Zhang helped companies benefit from land development and project contracting, and he used his power to influence court decisions to benefit others. It also prosecuted Zhang for accepting bribes in return for promotions.
The China Structural Reform Fund led by State-owned capital joined forces with Industrial and Commercial Bank of China Beijing branch and Beijing Wealth Capital to establish a special fund in August. It aims to invest in mixed-ownership reform and the restructuring of central and local government-controlled enterprises.
The China-proposed Belt and Road Initiative has led to cooperation be?tween China and European countries in airport and seaport construction, finance and rail transportation, she said.
The Chinese government has also encouraged and supported its companies to increase direct investment in Africa and explore new cooperative modes of investment such as public-private partnership (PPP), he said.
The Cabinet decided at the meeting to boost the production of poultry, beef and mutton, and to tap into food reserves to ensure supplies of key farm produce and curb price hikes.
The Chinese government always encourages enterprises to follow market principles and international rules and abide by local laws while conducting overseas economic cooperation, Geng said at a regular news briefing.
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The Chinese company will conduct the study along the selected alignment including technical, financial, economical feasibility as well as institutional sustainability. It will also conduct social and environmental impact assessments for the feasible alignment and prepare preliminary cost estimates, according to the MoU.
The Chinese and Philippine sides welcome the signing of the Memorandum of Understanding (MoU) on Cooperation on the Belt and Road Initiative, it added.
The China Guangzhou Arbitration Commission will expand cooperation with foreign counterparts to improve its commercial arbitration standards to better serve the country's Belt and Road Initiative.
The China-Singapore free trade agreement, the first such document between China and an ASEAN member, came into effect in January 2009. Starting that year, Singapore has levied no tariffs on imports from China. China, in turn, exempted 97.1 percent of Singaporean imports from tariffs beginning in January 2010. The two countries began negotiations on the upgrade in November 2015, and completed the process earlier this month.