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CFLD's developmental PPP model has fundamentally transformed the traditional investment model of local governments in China in civic construction. It's provided the World Bank with valuable inspiration for financially supporting the country's urbanization and infrastructure construction in economically underdeveloped regions, said Yang.

CHANGSHA -- In the early morning hours, Shen Liming stood outside a factory gate taking workers' temperatures and handing out masks.

ByteDance, the founder of Tik-Tok will place Tik-Tok's global business in a new US-based company and remain as the majority shareholder with Oracle investing in it as a minority stakeholder, according to UK's Financial Times on Wednesday, sourcing people briefed on a plan presented to US officials to avoid a ban of the video-sharing app by the US government.

CAIRO -- The Chinese Embassy in Egypt, Egypt's Sharaf Foundation for Sustainable Development and China Public Diplomacy Association (CPDA) jointly held on Saturday a virtual seminar to introduce the China-proposed Belt and Road Initiative (BRI) to the Egyptian audience as part of the Get to Know China program.

CAIRO-- As Egypt's tourism industry has been hard hit by the COVID-19 pandemic, officials placed high hopes on Chinese tourists to help revive Egypt's tourism sector.